Coinbase Will Briefly Pause Deposits and Withdrawals of New ETH and ERC-20 Token During the Ether Merger

Coinbase announced that it will briefly pause new Ethereum (ETH) and ERC-20 token deposits and withdrawals during the Ethereum merger as a precautionary measure. Once the Merge is complete, users can find their staked ETH balance under their Ethereum (ETH) wallet on the platform. Staked ETH balances won’t be unlocked at the time of the Merge or be available to trade or transfer until the Ethereum protocol upgrade completes.