Friday, June 21, 2024

Binance has resumed DOGE withdrawals following Elon Musk’s remarks.

Doge was a cryptocurrency by Binance, one of the giants in the crypto market. At one point in time, Dogecoin was perhaps one of the most popular cryptocurrencies out there. This was due to the memes that made rounds on the internet. In fact, Doge was already a meme that was made into a cryptocurrency. Its popularity was further fueled by the interest that Elon Musk took in it. Since then, Musk has been actively tweeting about Doge, and that has made everyone in the crypto market aware of this cryptocurrency. Recently, Musk tweeted that there were a lot of inconveniences while signing up for Binance. Binance then confirmed that their portal had too many hoops to jump.

The withdrawals

Binance has been facing a lot of glitches lately. Recently, Dogecoin holders were unable to withdraw for almost 17 days. This was a major issue as Dogecoin is one of the most popular meme coins out there. After 17 days, Binance has now resumed withdrawals, and they have fixed their online portals. The glitch in the wallet took a lot of time to resolve. In the tech industry, 17 days is a lot of time for a glitch to be fixed. Surely, this must have some impact on the overall impression of Binance and Doge.

What’s more, is that around 1600 Dogecoin holders were sent old transactions. This resulted due to the multiple versions of wallets conflicting with each other. However, as of today, all of the glitches have been debugged, and the wallet is back online.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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