Post #150603

Binance halts deposits, withdrawals after technical glitches - CEO Cryptocurrency exchange Binance has suspended deposits and withdrawals on its platform due to technical issues affecting its spot trading, Chief Executive Changpeng Zhao said in a tweet on Friday. "Initial analysis indicates matching engine encountered a bug on a trailing stop order," he said in a tweet, adding that the pause in deposits and withdrawals was a standard operating procedure. "Engine 1 is back online. Still need more time to do reconciliations, and for other engines to catch up," Zhao said in a subsequent tweet. Last week Binance, the world's largest crypto exchange, said it will be halting its sterling deposits and withdrawals, a month after it ceased dollar transfers. read more