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Nillion Urges Users to Bridge NIL and ETH Ahead of Layer-2 Shutdown

Privacy computing project Nillion is discontinuing operations on its Layer 2 network, urging users holding NIL tokens and Ether (ETH) to migrate their assets back to the Ethereum mainnet. The platform instructed participants to use its official cross-chain bridge as the sole sanctioned route for transfers before the network permanently halts operations. An imminent shutdown procedure is actively underway to prevent potential asset access issues once the infrastructure is taken offline, though an exact final timestamp has not been detailed.

Category

Ethereum

Sentiment

Neutral

Event

Crypto native

Reading time

1 min