Flash News

The ETA L2 network, Silicon, declared closed at the end of the year

According to CryptoSlate, on 2 September, Silicon, an ETA L2 network, stopped receiving deposits on the New Bridge and started closing the process, and users had to withdraw their assets by 31 December, when the network and block browser would be offline. Some $9.75 million of assets remain in the chain, including USDC ($2.66 million), WBTC ($2.54 million), ETH ($2.08 million) and USDT ($1.85 million). During the window period, the user may withdraw from the assets connected to the Taifeng Main Bridge, but the tokens issued on Silicon are to be converted through chain liquidity and the Web3 wallet of Silicon will be disabled。

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