TechFlow reported on November 28 that Coinbase Assets tweeted that Coinbase will not support the Celo blockchain migration.
Due to the hard fork, users must withdraw their CGLD from Coinbase before January 13, 2025. After the hard fork is executed, the Celo L1 network will stop producing blocks, and users will no longer be able to send or receive assets on the Celo L1 network.
Previously, Celo announced that its L1 blockchain will migrate to Celo L2 on January 16, 2025. TechFlow reminds you that Coinbase labels the Celo L1 token as CGLD, while other wallets and exchanges label Celo L1 as CELO.
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