Binance Temporarily Pausesd Bitcoin Transactions Over Network Congestion, Also Faces Government Scrutiny

CoinDesk reports that Binance "temporarily paused bitcoin withdrawals Sunday morning U.S. time as the Bitcoin blockchain became overwhelmed with pending transactions and sky-high fees."
The company resumed withdrawals within two hours of its initial Twitter posting about the withdrawals.On-chain data shows that there are nearly 400,000 unconfirmed Bitcoin transactions, which is higher than anything seen during the bull runs of 2018 and 2021. The average transaction fee has also doubled since Mar