Binance temporarily halted withdrawals on the Solana network
The timing of the resumption is not yet known
30.04.2022 - 10:00
421
1 min
0
.
What’s new? The Binance cryptocurrency exchange has temporarily halted withdrawals to Solana due to current network problems. The exchange’s blog indicates that withdrawals have already been suspended several times since April 25. Binance representatives said that this is due to the high volume of withdrawals with blank transaction IDs.
Information on the Binance blog
What else does the platform say? Binance and the Solana team are actively working to create a stable and long-term solution to reduce the number of failed transactions and improve the quality of service. The blog information will be updated as the situation changes.
What happened before? On April 27, the co-founder of the Solana blockchain Anatoly Yakovenko stated that the Bitcoin network should switch to the Proof-of-Stake (PoS) consensus algorithm. He said that in addition to the negative environmental impact of Proof-of-Work (PoW), it would be “simply more efficient to build a proof of stake system.”
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$98 606
BTC
-0.28%
-
Ethereum
$3 384.54
ETH
+0.27%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.56
XRP
+13.09%
-
Dogecoin
$0.459009
DOGE
+16.81%
-
Cardano
$1.1
ADA
+27.82%
-
Stellar XLM
$0.446595
XLM
+59.22%
-
Polkadot
$7.66
DOT
+25.05%
-
Bitcoin Cash
$531.57
BCH
+7.83%
-
Litecoin
$102.33
LTC
+13.9%