Crypto exchange dashboard showing halted withdrawals during a Bitcoin price plunge.
Blockchain News

Binance Withdrawals Halted: The Shocking Technical Strain Behind a $64K Bitcoin Plunge

Global, May 2025: In a stark reminder of the cryptocurrency market’s volatility and technical fragility, leading exchanges Binance and Bybit reportedly paused user withdrawals for approximately twenty minutes during a severe market downturn. This shocking event, which saw Bitcoin’s price briefly crash below $64,000, was attributed by the platforms to overwhelming technical strain rather than […]

Graph showing Binance assets surge during a community-led withdrawal campaign stress test.
Blockchain News

Binance Assets Surge: How a Withdrawal Campaign Became an Unlikely Stress Test

Singapore, April 2025: In a counterintuitive twist that captured the cryptocurrency world’s attention, Binance, the world’s largest digital asset exchange, reported a net increase in user deposits during a coordinated, community-led campaign urging mass withdrawals. The event, which co-founder He Yi later described as an “efficient stress test,” unfolded against a backdrop of heightened scrutiny […]

Binance withdrawals halted on app screen causing FTX panic flashbacks on social media feeds.
Blockchain News

Binance Withdrawals Halted: Technical Glitch Sparks Unnerving FTX Panic Flashbacks

Global, May 6, 2025: The cryptocurrency world experienced a tense morning as Binance withdrawals halted temporarily, sending shockwaves through digital asset markets and triggering immediate, visceral comparisons to the collapse of FTX. The incident, which began in the early hours of Tuesday, highlighted the fragile psychology of a market still healing from past traumas and […]

Upbit app showing FLOW withdrawal suspension for essential blockchain network upgrade.
Blockchain News

Upbit FLOW Withdrawals: Essential Guide to the Sudden Suspension and Network Upgrade

Seoul, South Korea: In a move impacting thousands of traders, leading South Korean cryptocurrency exchange Upbit has announced a temporary suspension of withdrawals for the Flow (FLOW) token. The decision, effective immediately, stems from a scheduled upgrade to the underlying Flow blockchain network. This proactive measure highlights the intricate relationship between centralized exchanges and the […]

Bithumb exchange temporarily suspends IP and ARIAIP deposits and withdrawals for a Story Network upgrade.
Blockchain News

Essential Update: Bithumb Temporarily Suspends IP and ARIAIP Deposits and Withdrawals

Seoul, South Korea – February 4, 2025: In a move highlighting the ongoing technical evolution within the blockchain sector, leading South Korean cryptocurrency exchange Bithumb has announced an essential, temporary suspension of deposit and withdrawal services for two specific digital assets. The exchange will halt transactions for Story (IP) and Aria Protocol (ARIAIP) tokens starting […]