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Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Jaya60 on September 05, 2022, 11:58:45 AM

Title: FTX to halt ETH deposit and withdrawals on Arbitrum, Solana, BSC during the Merg
Post by: Jaya60 on September 05, 2022, 11:58:45 AM

FTX announced that the crypto trading platform will halt ETH transactions on secondary blockchains until the September upgrade concludes.While Ethereum devs promised no downtime during The Merge, one of the most anticipated Ethereum upgrades, members of the crypto community decided to take proactive measures to ensure the safety of investor funds. In this effort, crypto exchange FTX announced to halt Ether (ETH) transactions on secondary blockchains until the September upgrade concludes.

Soon after the announcement, FTX deleted the tweet while CEO Sam Bankman-Fried clarified that "ETH trading will stay on through Merge.more info (https://cointelegraph.com/news/ftx-to-halt-ethereum-trades-on-arbitrum-solana-bsc-for-the-eth-merge)