According to Foresight News, Binance tweeted that BTC withdrawals have resumed on Binance and that pending transactions are being processed instead with higher transaction fees. Once these pending transactions have been processed, additional updates will be released. To prevent similar situations from happening again in the future, Binance has adjusted the fees. The team will continue to monitor on-chain activity and make adjustments accordingly if needed. The team has also been working on enabling BTC Lightning Network withdrawals, which will help in this situation.