Coinbase will not support the Celo blockchain migration

ChainCatcher message, Coinbase Assets announced on platform X that the Celo L1 blockchain (Coinbase code: CGLD) will migrate to Celo L2 on January 16, 2025. Coinbase will not support the migration, and customers must withdraw CGLD from Coinbase by January 13, 2025, to prevent their funds from becoming inaccessible. After the hard fork is executed, the Celo L1 network will stop producing blocks, and customers will no longer be able to send or receive assets on the Celo L1 network; all remaining funds on Coinbase will become inaccessible.