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Coinbase will temporarily suspend Ether operations on May 7 to accommodate the Pectra upgrade.
Wu reported that Coinbase Assets tweeted that the Ethereum Pectra upgrade will take place on May 7 at 3:05 AM Pacific Time (18:05 Beijing Time). To ensure the security of user funds, Coinbase will suspend deposits and withdrawals of Ether during the upgrade, with the suspension period from 17:50 to 18:45 Beijing Time. At the same time, new stake requests will resume processing after 18:45, and existing stake positions will not be affected.