Ethereum's Shanghai Upgrade causes delays in crypto withdrawals.

Investors are facing delays in withdrawing funds deposited on the Ethereum blockchain after its major software upgrade, known as "Shapella," due to limits in the amount of transactions the blockchain can process. As of Thursday, ether worth around $1.4 billion was stuck in a withdrawal queue. The delays highlight potential shortcomings for Ethereum as it strives to become a widely-used financial infrastructure. The backlog is likely to take weeks to clear, after which it would take just hours or a couple of days to process withdrawals depending on the average daily "unstaking" amount.