Blast removes "L2" from X usernames and reduces withdrawal time from 14 days to 7 days
The Ethereum Layer 2 Blast network has reduced its withdrawal time from 14 days to 7 days, as announced in an X post by the development team on July 16. The network previously required longer withdrawal times "to provide a buffer for Lido withdrawals." The team claims that this longer wait time is no longer necessary. The team announced this news through the new X account @blast, which replaced the previously used @blast_l2 account. The previous account announced the existence of the new account in its profile.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Daily: Telegram CEO arrest tied to cybercrime, Abra settles charges with the SEC, stablecoin market cap reaches all-time high and more
Telegram CEO’s arrest tied to cybercrime investigation of unauthorized ‘cryptology’ services, say French authoritiesAbra settles SEC charges of unregistered sale of crypto asset securities in Abra EarnStablecoin market cap hits new all-time high, beating early 2022 recordThe following is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
![](https://img.bitgetimg.com/multiLang/image/social/c7cfc7470c0399f58787d364018959bf1724708205646.jpg)
French President Macron Speaks on Arrest of Telegram and Toncoin Founder
Following the arrest of the Telegram founder in France, a statement was made by the country's President.
Official Announcement: SEC Sues Another Cryptocurrency Project
According to the latest development, the SEC has filed a lawsuit against another cryptocurrency project for operating without registration. Here are the details.
What's the Latest Situation in Bitcoin? Is the Direction Clear for the Price? QCP Analysts Share Their Short-Term Expectations and Price Target!
Analysts at QCP Capital noted that they expect Bitcoin to continue trading in the $62,000 to $67,000 range in the near-term.