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Announcement: Coins deposit and withdrawal systems on Ethereum (ERC-20) networks will be temporarily out of service from 13 - 14 March 2024

By orbix • Publish in Announcement • Mar 12,2024 • 2 min read

Announcement: Coins deposit and withdrawal systems on Ethereum (ERC-20) networks will be temporarily out of service from 13 March 2024 at 8:00 PM to 14 March 2024 at 8:00 PM due to Ethereum Dencun upgrade.

The affected coins are as follows:

ARPA , BAT , BETA(ERC20) , CELR , CPY , CVC , DAI , DYDX , ELEC , ENJ , ETH(ERC20) , FET , FTT , FUN , HOT , JFIN , KNC , LINK , LTO , MANA , MATIC , MFT , NKN , OGN , OMG , PAXG , PERL , POWR , REN , SAND , STPT , TUSD , UNI(ERC20) , USDC , USDT(ERC20) , WAX , ZRX

Details of Ethereum Dencun

Scheduled for 13 March 2024, the Ethereum network’s Cancun-Deneb upgrade, or “Dencun,” focuses on performance. It aims to enhance scalability, efficiency, and security through various Ethereum Improvement Proposals (EIPs), including EIP-4844 for proto-danksharding. 

This upgrade is crucial for Ethereum’s roadmap towards mass scalability. It also signifies a leap in blockchain technology, making Ethereum more accessible and improving its utility across sectors like DeFi. 

The emphasis on scalability and efficiency through Layer 2 rollups and innovations like temporary data blobs in EIP-4844 can significantly impact Ethereum’s performance and user adoption.

You can learn more about Ethereum Dencun at:

1. https://blog.ethereum.org/2024/01/10/goerli-dencun-announcement 

2. https://www.blocknative.com/ethereum-dencun-upgrade-countdown 

3. https://beincrypto.com/bitcoin-cycle-analysis-peak-august/ 

Note: 

1. Trading of existing tokens on the other network will not be affected during this time.

2. The schedule may be subject to change under certain circumstances.

Please plan your transaction in advance.

Meanwhile, We are closely monitoring if any changes occur and will continue to inform and notify you immediately.

We sincerely apologize for any inconvenience caused.

For further information:

Live Chat: https://orbixtrade.com/en/live-chat

E-mail: support@orbixtrade.com

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