In the past days, Dogecoin withdrawals were suspended due to a technical problem in Binance, the world’s largest cryptocurrency exchange, and this event caused the reaction of the Dogecoin community.
After the unfortunate event, Binance announced that Dogecoin withdrawals have been reopened in a post on its Twitter account today.
Update on the recent issue that Dogecoin Core maintainers and #Binance experienced during the $DOGE wallet upgrade.https://t.co/PWU92wwcZM
— Binance (@binance) November 29, 2021
The issue of suspending Doge shootings was also voiced by Elon Musk, a strict Dogecoin supporter. Musk brought the issue back to the agenda by tagging Binance CEO CZ in his post on Twitter, and there was Dogecoin response traffic between them.
In its official statement today, Binance stated that the problem in question occurred during Binance’s DOGE wallet upgrade and they are trying to solve it by staying in mutual communication with Dogecoin managers.
“What started as a fairly simple upgrade has turned into an issue where Binance users have been unable to withdraw DOGE for the past 17 days. However, Binance and Dogecoin Core executives worked together to diagnose the issue, fix it and prevent it from occurring.”
Binance said in a statement that the technical glitch has been resolved and on Saturday, November 27, they reopened withdrawals and tested everything.
Stating that they are silently doing these transactions without notice to make sure there are no other problems, Binance officials said, “We are pleased to announce that withdrawals are fully open again as of today.” said.
*Not investment advice.