
Coinbase supporting Celo’s transition to Ethereum Layer-2
Coinbase has announced its support for Celo’s migration from a standalone Layer-1 blockchain to an Ethereum Layer-2 network. The transition is set to begin on March 25 with Coinbase temporarily suspending deposits and withdrawals of Celo’s native token, CGLD, during the upgrade. Celo’s move to Layer-2 aims to leverage Ethereum’s (ETH) robust security and…