Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Optimism that ETH withdrawals will be paused for an hour next week to test incident response systems
ADOPTION NEWS

Optimism that ETH withdrawals will be paused for an hour next week to test incident response systems

By Crypto FlexsFebruary 10, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Optimism that ETH withdrawals will be paused for an hour next week to test incident response systems
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

layer 2 network optimism OP

+5.61%
Ether (ETH) withdrawals will be suspended for one hour on February 15 to test the upgraded incident response system.

According to the Discord announcement, ETH withdrawals from layer 2 networks to the Ethereum mainnet will be paused during this period. Deposits from the mainnet to the layer 2 network and general transactions on the network will not be affected.

The goal is to improve our ability to respond harmoniously to security incidents across the various chains of the Optimism ecosystem.

The incident response system currently features an on-chain pause for Ethereum withdrawals. The new feature pauses the entire superchain, stopping token and NFT withdrawals for Optimism and any Optimism-based chains that have opted in.

OP Labs announced the upgraded system on January 25, saying, “This upgrade does not strengthen individual chains, but leverages the collective security intelligence of the entire superchain.”

The upgraded features are now live on the test network. The one hour pause is just to make sure it works in a live environment.

During downtime, updates will be posted on the network status page.

Optimism Ecosystem

Optimism consists of an ecosystem of layer 2 chains (collectively referred to as Superchains) that leverage optimistic rollups to reduce transaction costs for Dapps. This ecosystem is governed by a DAO known as the Optimism Collective.

The flagship network is the OP mainnet, joined by other networks such as Base and Zora.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Tim is the editor-in-chief of The Block. Before joining The Block, Tim worked as a news editor at Decrypt. He holds a BA in Philosophy from York University and studied News Journalism at Press Association Training. X Follow him at @Timccopeland

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Polymarket Seeks $400 Million Raise to $15 Billion Valuation: Report

April 20, 2026

Ether risks a $1.7K retest as traders fail to overcome a key resistance area.

April 4, 2026

Leonardo AI unveils comprehensive image editing suite with six model options

March 19, 2026
Add A Comment

Comments are closed.

Recent Posts

What the KelpDAO Exploit Reveals About Hidden Risks in DeFi

April 25, 2026

Bitcoin remains strong as institutional demand offsets geopolitical risks.

April 25, 2026

Solana Trading Bots In 2026-How To Choose The Right One For Your Strategy

April 25, 2026

PI price pressure grows ahead of Protocol 22 deadline

April 24, 2026

HOYA BIT Becomes World’s First BSI ISO 14068-1 Certified Carbon-Neutral Crypto Exchange

April 24, 2026

Institutional Wallet Receives 100,000 Ethereum ($233.7M) from BitGo: Find out who’s behind the move

April 24, 2026

SafeBets Introduces New Prediction Platform At Industry Conference

April 23, 2026

Verifiable Bitcoin Accounts For Institutional Bitcoin. Your Custody, Your Terms.

April 23, 2026

Phemex Launches Prediction Market Powered By Polymarket, Introduces Month-Long Forecasting Championship

April 23, 2026

Vantage introduces an enhanced app with a seamless all-in-one trading experience.

April 23, 2026

Berachain Is Too Early For Mainstream Adoption?

April 23, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

What the KelpDAO Exploit Reveals About Hidden Risks in DeFi

April 25, 2026

Bitcoin remains strong as institutional demand offsets geopolitical risks.

April 25, 2026

Solana Trading Bots In 2026-How To Choose The Right One For Your Strategy

April 25, 2026
Most Popular

Bitcoin increases to $ 107K in political tension.

June 10, 2025

‘Enjoy Bitcoin under $40,000’ — PlanB highlights the average BTC price of $100,000 from 2024.

November 24, 2023

December newsletter on everything about BitPay and cryptocurrency

December 22, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.