Binance suspends trading and withdrawals due to technical issues.
TL;DR Summary
Binance, the world's largest crypto exchange, temporarily suspended all spot trading, deposits, and withdrawals due to a bug encountered on a trailing stop order. The exchange expects to recover within two hours. Binance commands over 60% of all crypto spot volume and has increased its market share of Bitcoin spot volume to over 90% in recent quarters.
- Crypto giant Binance temporarily suspends withdrawals and spot trading TechCrunch
- Binance Temporarily Halts Spot Trading Citing Bug in 'Matching Engine' CoinDesk
- Binance halts deposits, withdrawals after technical glitches - CEO Reuters
- Stock Market Today: Dow Futures Fall Barron's
- Binance spot trading halted due to issue on trailing stop orders Cointelegraph
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