Crypto exchanges Gate.io and OKX have started processing withdrawal requests from their customers once again, after experiencing severe network issues on Dec 18.
Normalcy has returned to both OKX and Gate.io after they put their customers in a state of panic and anxiety on Dec 18. The Sunday announcement hinted at severe network and hardware issues that made withdrawal request processing impossible.
Per an update released by the OKX team on Dec.19, the connection issues with its cloud service provider have been completely resolved. Regular deposit and withdrawal processing of bitcoin (BTC) and other cryptocurrencies has resumed.
In a press release, OKX states that its systems experienced a hardware issue with the cloud service provider.
In the same vein, Gate.io, another centralized exchange that also experienced withdrawal processing issues over the weekend, has resumed normal operations:
The unfortunate demise of Sam Bankman-Fried’s FTX exchange last month has significantly put a dent in the reputation of centralized crypto exchanges. Their every move now triggers anxiety and FUD.
The current controversies have made leading accounting firms like Mazars, and Armanino cut ties with digital assets service providers.
On a brighter note, Binance U.S. has announced the acquisition of the digital assets of the bankrupt lender, Voyager, for over $1 billion. Meanwhile, Gate.io has secured approval to launch operations in the United States.
Credit: Source link
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Solana 
Dogecoin 
USDC 
Lido Staked Ether 
Cardano 
TRON 
Avalanche 
Chainlink 
Wrapped stETH 
Toncoin 
Shiba Inu 
Wrapped Bitcoin 
Sui 
Stellar 
Polkadot 
Hyperliquid 
Hedera 
WETH 
Bitcoin Cash 
LEO Token 
Uniswap 
Litecoin 
Pepe 
Wrapped eETH 
NEAR Protocol 
Ethena USDe 
Bitget Token 
Aptos 
USDS 
Internet Computer 
Aave 
Cronos 
POL (ex-MATIC) 
Mantle 
Ethereum Classic 
VeChain 
Render 
Monero 
WhiteBIT Coin 
MANTRA 
Dai 
Bittensor 
Artificial Superintelligence Alliance 
Arbitrum 
Ethena 
