Two major players in the cryptocurrency ecosystem, Coinbase International Exchange and the MEVerse blockchain, have announced scheduled maintenance windows to perform critical system upgrades and address a network error. Coinbase International, a key platform for cryptocurrency derivatives trading, will conduct a three-hour essential system maintenance on January 24, 2025, starting at 5:00 p.m. UTC. During this window, all core services—including trading, deposits, and withdrawals—will be temporarily suspended.
The exchange has provided advance notice, allowing traders and institutional clients to prepare for the total service interruption. This proactive measure is aimed at deploying software updates, performing security patches, and optimizing backend systems to ensure long-term stability, regulatory compliance, and future scalability in the rapidly growing digital asset market. The timing of the maintenance, during the overlap of the European market close and early North American afternoon, is strategically chosen for historically lower trading volume to minimize market impact.
Simultaneously, the MEVerse Foundation has announced a five-hour scheduled maintenance to address a significant mainnet network error. The development team identified a network synchronization error within its mainnet architecture, prompting the need for protocol adjustments and validation rule updates. This maintenance will temporarily halt block production to implement fixes that could include consensus mechanism adjustments, network layer optimizations, state database verification, and security patches.
The maintenance is described as a crucial move for blockchain reliability, intended to prevent potential chain halts or security vulnerabilities. During the window, transaction processing, smart contract executions, and decentralized application interactions on the MEVerse network will be suspended. The project's transparency and defined timeline are highlighted as industry best practices that help maintain community trust during necessary service interruptions.
Experts note that such scheduled maintenance is a sign of project maturity and responsible platform management. For Coinbase, these upgrades often lay the groundwork for new features and improved API connectivity, while for MEVerse, it is a step to ensure network stability and performance. Both entities emphasize that user funds remain secure during the downtime, with Coinbase storing assets in cold storage and MEVerse's blockchain states persisting unchanged.
