Home > Quick > Body

Coinbase will not support Celo blockchain migration

clock
2024-11-28 03:15:02
On November 28th, Coinbase Assets posted that Coinbase will not support Celo blockchain migration. Due to the hard fork migration, users need to transfer from Coinbase to CGLD before January 13, 2025. After the hard fork is executed, the Celo L1 network (Coinbase code: CGLD) will stop generating blocks, and users will no longer be able to send or receive assets on the Celo L1 network.
Previously, Celo announced that its L1 blockchain would be migrated to Celo L2 on January 16, 2025.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.