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Binance Halts ETH and L2 Transfers for Ethereum Pectra Upgrade on May 7

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Summary
Nutrition label

64% Informative

Binance to temporarily suspend ETH and Layer 2 token transfers on May 7 to support Pectra Upgrade .

The suspension will begin at 09:45 UTC, which is about 20 minutes before the upgrade time of 10:05 UTC .

Trading of all unaffected tokens will continue as usual during this window, and no user action is required.

The pause will affect deposits and withdrawals of tokens on ETH and popular Layer 2 networks.

VR Score

41

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29

Neutral language

27

Article tone

formal

Language

English

Language complexity

50

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not offensive

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Time-value

short-lived

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