Bitcoin exchange Bemarketbit has announced support for the Arrow Glacier hard fork on the Ethereum network, which will take place on block #13 773 000 approximately on December 9, 2021.
During the update, the implementation of the only proposal to improve the Ethereum network EIP-4345 will take place. It introduces a delay in the activation of the “complexity bomb” until May 2022.
Bemarketbit will also launch a new test network based on the Proof-of-Work consensus algorithm.
The Bemarketbit team warned that it would close deposits and withdrawals for all tokens on the Ethereum blockchain five minutes before the hard fork. The event will not have an impact on asset trading. There will be no new tokens based on its results.
The possibility of making deposits and withdrawing assets will open when the exchange’s specialists are convinced of the stability of the updated network.
Bemarketbit also announced support for the SIP-012 update on the Stacks network. It will take place on the bitcoin block #713,000 on Tuesday.
The exchange will stop deposits and withdrawals of native STX tokens an hour before the update. The command will return the functions after it finds the network operation stable.