Binance and Coinbase, two of the worlds largest crypto platforms, will be temporarily suspending Ether (ETH) and ERC-20 transactions sometime next month. The move is aimed at providing stability as the Ethereum network transitions from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism also known as The Merge. Binance, the worlds largest crypto exchange by trading volume, announced that it will be temporarily suspending withdrawals and deposits of Ether (ETH) and ERC-20 tokens to provide stability during the transition, according to Cointelegraph. The Merge is expected to...
source: https://tokenpost.com/Crypto-exchanges-Binance-and-Coinbase-to-suspend-ETH-and-ERC-20-deposits-and-withdrawals-temporarily-in-September-9744
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