Following Elon Musk’s Twitter spat, Binance has resolved a Dogecoin withdrawal issue.

Due to technical challenges with DOGE withdrawals on Binance, Dogecoin users have been at odds with the exchange recently. DOGE withdrawals were put on hold for a few weeks on the exchange, resulting in a Twitter battle with “Dogefather” Elon Musk. Binance has reopened DOGE withdrawals and published a blog post detailing the challenges that Binance and the Dogecoin Core Maintainers encountered during the DOGE wallet update. Binance also announced that the Dogecoin wallet has been updated to version 1.14.5.

Binance said in a blog post that withdrawals had resumed following a two-week stoppage caused by a database issue following a network upgrade. “What started out as a very simple update developed into a problem where Binance customers have been unable to withdraw DOGE for the past 17 days,” Binance wrote in the statement.

“For Binance, the DOGE network, and DOGE holders, it was an odd and unlucky coincidence. We simply would not have been able to organise this if Dogecoin Core maintainers and Binance had attempted to do so – not exactly the murky conditions that some had predicted, but close enough “According to Binance,

The exchange investigated Dogecoin’s deposit and withdrawal operations and discovered that 1,634 customers got outdated transactions after the meme coin’s wallet was updated to a new version and that the unanticipated issue was caused by a variety of unintended circumstances. However, customers were perplexed because Binance was the sole exchange affected by delayed withdrawals and outdated transactions.

Elon Musk, the CEO of Tesla and one of the most vocal proponents of Dogecoin, expressed his displeasure with Binance’s withdrawal limitations earlier this month in a tweet. The wallet update issue, according to the digital exchange, was improbable and unpleasant. Binance reminded its customers that the business is working with all stakeholders to guarantee that crypto transactions are safe and secure.

Following Binance’s statement, Dogecoin was trading at $0.23 (approximately Rs. 17.33) at the time of publication, up 9.81 percent in the previous 24 hours.

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