Crypto Exchange Binance Reopens Dogecoin Withdrawals After Elon Musk s Spat With Ceo | Mint

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Crypto Exchange Binance Reopens Dogecoin Withdrawals After Elon Musk s Spat With Ceo | Mint

A 2x leveraged ETF seeks to double the daily return of an underlying index. A leveraged ETF is a financial instrument that amplifies the daily return of an underlying index. For  bitcoin example, a 2% return in S&P500 would lead the 2x leveraged ETF to double its return to 4%. In legacy finance, leveraged ETFs achieve their target leverage via several derivatives such as index futures, equity swaps,  bitcoin and  bitcoin index options.

Binance responded saying it is rebuilding its dogecoin wallet entirely, resulting in a delay in withdrawals that may continue for  crypto another week. While the official Binance handle stuck to official explanations, the company's CEO Changpeng "CZ" Zhao cheekily hit back with a link to a story on Tesla recalling nearly 12,000 cars as a result of a software glitch.

A 'very small number of users' were affected, they said,  BNB explaining that some previously failed Dogecoin withdrawal transactions got resent after the update,  BNB and the exchange was requesting those users to return the assets." An upgrade of the Dogecoin network on November 10 appeared to have caused an issue with network withdrawals, Binance had said in a statement .

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Cryptocurrency exchange Binance has fully opened withdrawals of Dogecoin after a technical glitch that spurred a heated back-and-forth between Elon Musk and the cryptocurrency exchange's Chief Executive Officer (CEO).

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Source: Crypto Exchange Binance Reopens Dogecoin Withdrawals After Elon Musk s Spat With Ceo | Mint

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