Cryptocurrency exchanges Gate.io and OKX have resumed processing buyer withdrawal requests after experiencing extreme community points on December 18.
After sending clients right into a state of panic and anxiousness on December 18th, each OKX and Gate.io are again to regular.
Based on the replace launched by the OKX workforce on December nineteenth, the connection situation with the cloud service supplier has been totally resolved. Regular deposit and withdrawal processes for Bitcoin (BTC) and different cryptocurrencies have resumed.
In a press launch, OKX mentioned its system skilled {hardware} points with the cloud service supplier.
Equally, Gate.io, one other centralized trade that skilled withdrawal processing points over the weekend, has resumed regular operations.
The unlucky demise of Sam Bankman-Fried’s FTX trade final month has dealt a heavy blow to the fame of centralized cryptocurrency exchanges. Each transfer they make causes anxiousness and FUD in him.
The present controversy has led to main accounting corporations equivalent to Mazars and Armanino severing ties with digital asset service suppliers.
On a brighter be aware, Binance US has introduced that it has acquired the digital belongings of bankrupt lender Voyager for over $1 billion. In the meantime, Gate.io has obtained approval to start out operations in the USA.
