As Bitcoin Crashes, Binance Halts Withdrawals

It was necessary for the world's largest exchange to pause withdrawals as the currency dropped for the second time in less than five years.

There was a "temporary pause" in the withdrawals due to a stuck transaction. The news came less than a week after the value of the two main criptoms fell to such low levels that they haven't been seen in years.

The exchange finally resumed withdrawals late this morning, but user confidence may be hard to regain after failing at such

Stuck It Up

The investors and critics were scared.

One user said "stuck transaction" isn't a thing.

There's going to be a lot of funko pops filling up the warehouse in a week's time.

Run the Bank

Many have observed that this scenario looks a lot like a traditional bank run in which investors rush to withdraw their money due to fears that their bank is about to go belly up.

One user joked, "We can have 1931 bank run panics in the convenience of cyberspace"

The way the crash is affecting exchanges is bad. The strategy of buying the dip may end badly for many people.

There is a "stuck transaction" that is the reason for the pause in the withdrawals of the virtual currency.

There is a swastika in the Emoji that is clearly a swastika.