ZEN Migration

Incident Report for Coinbase

Investigating

As previously announced, Horizen is transitioning from a Layer 1 Horizen blockchain to an ERC-20 token on Base.

- This upgrade is expected to occur on July 23, 2025
- Send/receive/trading for ZEN will be temporarily disabled between July 16 and July 25
- Existing limit orders may be cancelled, but new orders cannot be placed until trading resumes
- Please refrain from depositing ZEN during this time
Posted Jul 16, 2025 - 10:30 PDT
This incident affects: Digital Currencies (Horizen).