Coinbase will suspend Ethereum network deposits and withdrawals on May 7 to support Pectra upgrade

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MarsBit
05-06
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Mars Finance News: On May 6, according to an official Coinbase announcement, the Ethereum Pectra upgrade will take place at 3:05 AM Pacific Time on May 7 (6:05 PM Beijing Time on the same day). To ensure user fund safety, Coinbase will suspend Ethereum deposits and withdrawals during the upgrade, with the suspension period from 5:50 PM to 6:45 PM Beijing Time. Additionally, new staking requests will resume processing after 6:45 PM, and existing staking positions will remain unaffected.

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