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Binance CEO Changpeng Zhao speaking at a press conference during Web Summit 2022.

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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.

Late on Sunday and again early on Monday the world's biggest crypto exchange shut bitcoin withdrawals saying there was a glut of pending transactions because it hadn't offered so-called miners a high enough reward to log the trades on the blockchain.

The halt pushed bitcoin lower though its losses were marginal, with the cryptocurrency last down about 1% to $28,162, its lowest in nearly a week.

"Our set fees did not anticipate the recent surge in (bitcoin) network gas fees," Binance said in a tweet. "We're replacing the pending bictoin withdrawal transactions with a higher fee so that they get picked up by mining pools."

Gas fees refer to payments made to crypto miners whose computing power processes transactions on the blockchain.

"If the withdrawal amount is large, the gas fee required to process the transaction may also be large, especially during times of high network congestion," Joshua Chu, group chief risk officer at blockchain technology group XBE, Coinllectibles and Marvion.

"We need more information as to what has led to the large withdrawals." After an hour-long stoppage late on Sunday and several hours on Monday, Binance said withdrawals resumed.

"To prevent a similar recurrence ... our fees have been adjusted." In a separate tweet Binance denied there had been large outflows from the platform.

In March, Binance hadsuspendeddeposits and withdrawals citing tech issues. Twenty-four hour trading volume on Binance was $6.9 billion according to analytics site CoinMarketCap, more than eight times the next-largest venue, Coinbase.

Excerpt from:

Binance lifts block on bitcoin withdrawals amid heavy volumes - CNBC

Canadian Lucas Uchida just threw down another hard problem in Squamish. This time its a first ascent of Seven V14. Found near the northeast corner of the giant Octagon bloc in the Grand Wall Boulders, the problem is a low start to Lesson Six V10, which was first sent by Jason Kehl in 2005. The low start had been an exciting, longstanding open project for years in Squamish until the unthinkable happened in 2019. Someone chipped the holds forever altering the low start.

The chipped problem had remained unclimbed until now. It took Uchida only four sessions over two weeks to send the line. Despite the chipping, which ruined what would have become one Squamishs hardest all-natural lines, the problem offers some intense, athletic climbing. It rides up the slopey edge of a severely overhanging corner, which is then exited via a huge throw to the lip of Lesson Six.

Keeping with the number theme of Lesson Six, Uchida named the problem Seven, which also serves as a nod towards the film of the same name and problems sinful past. If climbing had seven deadly sins, chipping would most certainly be one of them.

Uchida had an incredible Squamish season in 2022. Many had joked, somewhat seriously, that theres not much left for him in Squamish now that hes ticked many of the very hard classics but he proved them wrong with this new first ascent. Highlights of his 2022 Squamish season include repeats of Room Service V12, The Pool Low V13, Room Service Low V14, Deadlift V14, North-North Ridge V14, The Singularity V14/15, and Dreamcatcher 5.14d, and a first ascent of Offenders of the Faith V13.

Originally posted here:

Lucas Uchida Makes First Ascent of Wild Squamish V14 - Gripped Magazine

Warning! Spoilers ahead for Superman: Lost #3!Move over Flash, because Superman's newest ally has the Scarlet Speedster absolutely beat in speed. A wayward Clark Kent hitches a ride from a race of aliens that makes Barry Allen look absolutely pathetic.

In Superman: Lost #3 by Christopher Priest and Carlo Pagulayan, Clark is still trying to make his way home after he wound up stranded in another part of the universe after traveling through a singularity. After seven months of travel, Superman has crossed 22 billion kilometers, but unfortunately, his personal survival kit informs him that he's still nearly 9.5 trillion kilometers away from reaching Earth.

However, just when hope begins to slip, Superman encounters a wild pack of space dolphins and recalls that they are capable of post-light speeds. Clark hitches a ride with the pack and discovers that they're traveling at well over ten times the speed of light. Superman theorizes that the animals must also utilize a system of black holes as they've been to Earth before. Thankfully, the dolphins get Clark close enough to a yellow star and help restore him to his full power.

When it comes to speed in the DC Universe, two people have everyone beat. The Flash and Superman. Barry Allen is connected to the Speed Force, a living energy that empowers every speedster. Clark, on the other hand, is a Kryptonian and his body has developed an array of powers thanks to the Earth's yellow sun, including super speed. The two have debated over their speeds and even competed in races multiple times to see who beats who. But more often than not, it's Barry or Wally West who usually takes home the title of Fastest Man Alive.

Unfortunately for Superman, he's as far from any Flash as he could possibly be. But even if Clark had a Scarlet Speedster by his side, it wouldn't do him any good in the cold vacuum of space. Thankfully, the space dolphins aren't just adorable as hell, they're some of the fastest beings in the galaxy. Not only can they travel several times the speed of light, but according to Superman, they can quickly zip to anywhere in the universe thanks to their black hole shortcuts. Flash might be the fastest superhero, but these cosmic mammals give him a run for his money.

Granted, the Flashes are capable of going faster than the speed as well, arguably faster than the space dolphins. But Barry, Wally, and every other speedster's power all come from the Speed Force. As far as readers are aware, the impressive speeds of the space dolphins are all-natural, no Speed Force enhancement required. Barry might be able to cross universes and travel through time. But when it comes to pure, raw speed, the space dolphins Clark befriends seem to have a natural talent the speedster just can't match. Fans can see Clark's quick, new allies in Superman: Lost #3, on sale now.

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Superman's New Ally Makes the Flash Look Slow - Screen Rant

The FUD induced by false alarm of U.S. government selling its Bitcoin [BTC] holdings took a profound impact on the exchange token of the Binance[BNB] ecosystem as well. At one point, BNB plunged to $301, recording the biggest drop in nearly two months.

Is your portfolio green? Check theBNB Profit Calculator

The coin regained some lost ground as it reached $305 at the time of writing, still 1.98% down in the last 24 hours, as per CoinMarketCap.

What could possibly aid BNB on its way to normalcy was the new feature Binance unveiled to improve strategy trading on the platform.

Binance, the worlds largest cryptocurrency exchange, announced the launch of Trading Bots. This signaled a shift away from traditional trading strategies and towards automated trading.

Crypto trading bots are automated software that helps you buy and sell cryptocurrencies at the correct time.

Binance also listed out functions that will be released to users by June 2o23 as part of the implementation.

In addition, Binance said that the Rebalancing Bot account will be renamed as Trading Bots. Under Trading Bots new spot and futures grids could be created.

Furthermore, users will have the option of running futures grids through their Trading Bots account while trading on the same symbol through their futures account at the same time.

Moreover, users will earn hourly trading fee savings for the Trading Bots account when they use their BNB balances.

The announcement of the new trading feature catalyzed trading activity on the BNB Chain. After the dip recorded on 10 May, daily active users rebounded to a 5-week high in the last 24 hours.

The surge in the number of users boosted the number of transactions processed on the chain.

While increased network traffic was a matter of joy for BNB enthusiasts, the chains liquidity continued to tumble.

The total value locked (TVL) on the BNB Chain fell by more than 3% in the last 24 hours to $5.22 billion, extending its month-long winless streak.

How much are1,10,100 BNBs worth today?

The development activity on the chain remained tepid after recording a steep fall earlier in the week. This was a worrying sign as it indicated that future enhancements on the chain might be delayed.

Unsurprisingly, this impacted the sentiment of investors as they turned strongly bearish on BNB. However, the supply held by large addresses, which was stagnant until 10 May, showed an uptick in the last 24 hours.

Link:

Binance announces new feature to bolster trading as BNB continues to record losses - AMBCrypto News

After the gloom of the past few days across eastern areas, we'll eventually see some fine, warmer weather here today. But we are currently in the middle of what is often a cool period. It's one of those quirks of the British climate or a singularity as it's known, and therefore todays more 'spring-like' conditions are unlikely to last.

For the North West, it's the reverse, with the recent sunshine replaced by cloud and some rain on a cold front. This'll bring a drop in temperature eventually to all and will steadily work its way across the country before finally reaching Kent tomorrow.

But that pesky mist, low cloud and patchy fog at first continue to affect the East and South East, but should eventually clear to leave much of England and Wales with a mostly fine day, although there is the risk of some sharp, thundery downpours developing in some eastern and southern regions this afternoon. A storm forecast has been issued.

The sunshine will make it noticeably warmer, especially in areas where it remained dull yesterday, with temperatures reaching 18 to 22C in mostly light winds. But along the exposed coasts of East Anglia and Kent in particular, a northerly breeze will feel chilly, keeping temperatures down here. Later Northumberland and the North West will see more cloud, with Cumbria, in particular, turning wet during the afternoon.

Across Northern Ireland, overnight rain clears to leave sunny spells and just a few showers, mainly towards Derry and Antrim. After a bright start towards Lothian and The Borders, Scotland also sees some rain; before here, too, it turns brighter from the North West with sunny spells. It becomes mainly dry, but the North and the West will have a few showers in a primarily light Westerly breeze - maximum temperatures here only 10 to 14C.

After a fine evening across the East and South, the front works slowly south-eastward across England and Wales after dark. But the rain on it should become somewhat lighter, with the North and Wales seeing clearer skies by morning. Over Scotland and Northern Ireland, there'll be clear spells, but with a few showers, mainly in the North and West, particularly towards dawn. Lowest temperatures 5 to 7C in the North, 7 to 11C in the South in the North West or Westerly breeze.

As we enter the new working week, it'll be the turn of the South East and parts of East Anglia to see some rain, which should have cleared Kent by mid-day. When it does so, you'll join much of the rest of the country on a reasonable but cooler day. There'll be some sunshine but with variable amounts of cloud that'll produce a few showers, mainly over Scotland, Northern Ireland and eastern England, in a primarily light breeze from a North Westerly quarter.

Across the far North of Scotland, you'll see some rain moving in through the day in a freshening West or South Westerly wind. Although feeling pleasant across the country in the sunny spells there'll be on offer, top temperatures of 11 to 14C in the North and 15 to 17C further South will be on the cool side for the time of year.

The evening sees skies tending to break, with fewer showers after dark leaving clear intervals in mostly light West or North Westerly breezes. Although mainly dry, it'll turn chilly with minimum temperatures of 4 to 8C, low enough to perhaps give a touch of ground frost in some rural 'hollows' of the North where skies stay clear. It could also turn cold enough across the Northern Isles for showers to turn wintry later, as North West winds draw air from the Arctic.

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Cooler air and rain moving southeast with warm sunshine and a ... - Netweather