Blast Blockchain Locks Up Amid Ethereum's Dencun Upgrade

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Nick Baker is CoinDesk’s deputy editor-in-chief and a Loeb Award winner. His crypto holdings are below CoinDesk's $1,000 disclosure threshold.

that it will take 24 hours to integrate elements of the Dencun upgrade, which will ultimately prompt a reduction in Ethereum fees.The network's largest protocol, Orbit Finance, experienced a 32% rise in total value locked to $431 million over the past 24 hours. The rise couldn't deter a plunge in the value of Orbit's native token, which is down by more than 20% today after being issued on March 8.

in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.Nick Baker is CoinDesk’s deputy editor-in-chief and a Loeb Award winner.

 

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