Today’s Top Crypto News – Monday, 6/13/22

•Binance pauses bitcoin withdrawals due to a ‘stuck transition’ as crypto sell-off deepens – CNBC

“Binance said Monday that it is temporarily pausing bitcoin withdrawals “due to a stuck transaction causing a backlog.”

•Crypto lending firm Celsius pauses withdrawals and transfers, citing market conditions – The Block

“Crypto lending firm Celsius said Sunday that it would pause withdrawals on its platform, citing market conditions as the price of Ether and other cryptocurrencies tumbled.”

•Ethereum Collapses 24% in Weekend Rout as Staked Assets Drop Pegs – Yahoo Finance

“Ethereum prices are still tanking during the Monday morning Asian trading session, and the asset has lost a whopping 24% since late Friday. At the time of writing, ETH was trading at $1,350, down 8% on the day as the sell-off continued.”

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