AscendEX faces withdrawal delays as hot wallets hold no liquid assets, prompting warnings against deposits to the CEX.

According to the source, Binance and Coinbase reported degraded transaction performance due to heavy market activity, indicating potential delays or failures in order placement, deposits/withdrawals, and API connectivity on the affected platforms, source: Binance; Coinbase. Traders should expect elevated execution risk and slippage during congestion and consider using limit orders, reducing leverage, and monitoring the exchanges’ status pages for incident updates, source: Binance; Coinbase.