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Sophon Set to Pull Plug on Layer 2 Network After $70M Funding Push

News.Bitcoin.com
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Sophon Set to Pull Plug on Layer 2 Network After $70M Funding Push

Sophon Chain is officially winding down its standalone Ethereum Layer 2 network, with the final mainnet shutdown scheduled for Nov. 30. Any assets left onchain past Nov. 25 risk becoming permanently inaccessible. Urgent Action Required for Asset Holders Sophon Chain has officially set the final timeline for winding down its Layer 2 blockchain network in […]

Key Takeaways

  1. Sophon Chain is officially winding down its standalone Ethereum Layer 2 network, with the final mainnet shutdown scheduled for Nov.
  2. Any assets left onchain past Nov.
  3. 25 risk becoming permanently inaccessible.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.