Coinbase to Suspend Ethereum Wthdrawals This Date, Here’s Why

By: bitcoin ethereum news|2025/05/06 21:45:02
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Major Crypto exchange Coinbase stated it would temporarily suspend Ethereum deposits and withdrawals as the ETH network gears up for a major upgrade. Ethereum’s Pectra upgrade is scheduled for Wednesday, May 7, 2025, at 3:05 a.m. PT. Pectra, a highly anticipated Ethereum network upgrade, follows a series of earlier improvements under Ethereum’s roadmap, aiming to optimize validator performance and streamline user experiences across the ecosystem. You Might Also Like In a post on X, Coinbase stated that to ensure user fund safety, it will temporarily pause Ethereum deposits and withdrawals from 2:50 a.m. to 3:45 a.m. PT. During that time, initiation of new staking requests might be delayed until after 3:45 a.m. PT. However, existing staked positions will not be impacted. In a separate announcement, PAX Gold (PAXG) on the Ethereum network has been added to the Coinbase roadmap. Pectra upgrade nears Ethereum’s next network upgrade, Pectra, is coming to the mainnet on May 7, at epoch 364032. Pectra builds on last year’s Dencun upgrade and introduces features to augment Ethereum accounts, improve the validator experience and support L2 scaling. Pectra introduces EIP-7702, a significant step toward widespread account abstraction, by allowing users to enhance their Externally Owned Accounts (EOAs) with smart contract functionality. You Might Also Like Three new EIPs within Pectra are expected to improve validators’ experience: 7251, 7002 and 6110. EIP-7251 increases the maximum balance on which a validator can receive rewards from 32 ETH to 2048 ETH, via an opt-in update of withdrawal credential type. Another major change in Pectra is EIP-7691 doubles Ethereum’s blob throughput. Blobs, introduced in the Dencun upgrade, are ephemeral data storage that L2s can employ to submit compressed transaction data and proofs to Ethereum L1. The Ethereum mainnet presently supports an average of three blobs per block, with a maximum of six to handle peak demand. With EIP-7691, these figures will increase to an average of six and a maximum of nine. Source: https://u.today/coinbase-to-suspend-ethereum-wthdrawals-this-date-heres-why

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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