Last week, it was FTX and then BlockFi.. The damage was cascading to entire crypto industry.. Investors lost confidence, sold cryptos, withdrew, which further brought down the coin prices. And this causes many problematic exchanges to pause the withdrawals.
This is a vicious cycle. Relax, no need to FUD. The bitcoin has been born for 14 years. It is robust. Steem has been more than 6 years, and it is still fine.
If you don't trust exchanges, just withdraw to your local wallet e.g. imtoken multi-coin wallet (remember, not your keys not your funds).
I use metamask (chrome extension, and mobile app) for ETH and ERC-20 tokens e.g. USDT
I use tronlink (chrome extension, and mobile app) for TRON and TRC-20 tokens e.g. USDT
I use imtoken (mobile app) for bitcoins.
These two crypto.com and wirex are exchanges and provide crypto-bank-cards so that cryptos can be easily cashed out.
The rumors say that crypto.com is next but I doubt it. crypto.com is regulated in many countries, and their CEO said the customer's funds are 1:1 reserve.
Of course, some people may have some funds staked and can't withdraw immediately e.g. 90 days locking period). But I guess that is one of the reasons that you put the funds in exchange, in the first place.
Also, DYOR (Do your own research) - not blindly following what you heard or are suggested. You need to have your own judgement.
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