Binance shut down bitcoin withdrawals for an hour late on Sunday and for about three hours on Monday, blaming an unanticipated rise in transaction fees (Akanksha Khushi/Reuters)

Akanksha Khushi / Reuters:

Binance shut down bitcoin withdrawals for an hour late on Sunday and for about three hours on Monday, blaming an unanticipated rise in transaction fees  —  Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost.