Cryptocurrency

FTX to Freeze Deposits, Withdrawals on Solana, Arbitrum Blockchains Amid Merge Transition

FTX to Freeze Deposits, Withdrawals on Solana, Arbitrum Blockchains Amid Merge Transition

In a bid to ensure that no transactions are lost or impacted, FTX will be halting deposits and withdrawals while the Ethereum blockchain transitions to its upgraded Merge version. The final Bellatrix update for this transition to complete is scheduled to start on Tuesday, September 6. The Merge is expected to arrive around September 15 if all goes well.

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