CoinPort transfers on the Ethereum live blockchain may be delayed because of the Dencun upgrade.

The long-awaited Dencun upgrade activated on Ethereum mainnet Wednesday at approximately 9:55 am ET — or the start of epoch 269568 if you are following on-chain.

A scalability-focused upgrade, Dencun features EIP-4844 or Proto-Danksharding which carves out a dedicated data channel on Ethereum for layer-2 data, dramatically reducing the transaction fees on rollups.

We apologise for any delays with Ethereum blockchain deposits and withdraws.