Upgrade of Radix (XRD) Mainnet Network to Babylon and Discontinuation of Old Deposit Addresses


相關類型: Others

2023-09-15 19:49

Bitfinex will support the upcoming Radix Mainnet Network upgrade to Babylon. This upgrade is intended to enhance the user and developer experience of Radix and make it easier for mainstream adoption of Web3 and DeFi products built on the Radix network.Radix Mainnet deposits and withdrawals will be temporarily suspended on the Bitfinex platform, approximately 24 hours before the upgrade takes place , which is currently expected to occur on or before 27/09/2023. This upgrade time is provided by Radix, which is only an estimated time and is subject to change. Bitfinex customers are advised to monitor for the exact upgrade time as stated above and not to send any deposits to our platform 24 hours before the upgrade to avoid losing any funds. Radix Mainnet trading will not be affected. As part of this upgrade, all existing Bitfinex Radix Mainnet deposit addresses will also be discontinued; therefore, customers are required to generate and use new deposit addresses after the upgrade is completed. Any subsequent deposits sent to the old deposit addresses after the upgrade may be lost and unrecoverable.A separate announcement will be made once the Babylon upgrade has been completed and Radix Mainnet deposits and withdrawals have resumed. The Babylon upgrade will not affect e-Radix on the Ethereum network. Important Note: This announcement is not an offer to sell or a solicitation of an offer to buy Radix or any other cryptocurrency. Any purchase or sale of any cryptocurrency on Bitfinex will occur solely pursuant to the Terms of Use for Bitfinex at https://www.bitfinex.com/legal/exchange/terms. Forward-Looking Statements: Certain statements in this announcement may be forward-looking in nature. The words "believe," "expect," "estimate," "could," "should," "intend," "may," "plan," "seek," "anticipate," "project" and similar expressions among others, generally identify "forward-looking statements," which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. None of Bitfinex nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.