Ethereum has announced its Gray Glacier network upgrade, which will change the parameters of Difficulty Bomb, pushing it back by 700,000 blocks, or approximately 100 days. The scheduled upgrade will take place at block 15,050,000, which is expected to occur approximately at 30 June 2022, 08:00 UTC. The exact date and time is subject to change due to variable block times and time zones.
To ensure the safety of users’ funds during and after the upgrade, we will temporarily suspend deposits and withdrawals of ETH and all ERC 20 tokens in both the Crypto.com App and Exchange during the network upgrade. The trading of ETH and ERC20 tokens will not be affected. We will closely monitor the situation and resume deposits and withdrawals once the network proves to be stable.
Kindly refer to status.crypto.com for all the latest updates.
We thank our users for their support and understanding.