BITPRISMIA
Horizen (ZEN) is transitioning from its native layer-1 network to Coinbase's Base ecosystem as an ERC-20 token, aiming to enhance scalability, interoperability, and privacy through a new layer-3 appchain.
Upbit has suspended Horizen (ZEN) withdrawals due to the termination of the Horizen network, impacting investors and highlighting broader risks in the cryptocurrency market.