Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%

Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Blur, once the largest marketplace for trading Ethereum NFTs, is shutting down its website next month after trading activity collapsed more than 99% from its peak, marking the second major retreat in ten days for projects built by crypto entrepreneur Tieshun Roquerre.

The marketplace said Monday that its website will close on Nov.

12, while its NFT lending service, Blend, will stop arranging new loans.

Borrowers have until that date to repay their loans or allow them to default.

Blur plans to provide a separate tool afterward for withdrawing assets from Blend.

Blur’s underlying smart contracts will remain operational on Ethereum, meaning the shutdown does not eliminate the blockchain-based trading system.

BLUR tokenholders will retain control of its fee switch — a mechanism that allows them to vote on whether the marketplace should start charging trading fees.

2 shutdown announcement from Blast, an Ethereum scaling network also created by Roquerre, better known as Pacman, and developed by the team behind Blur.

Blast once attracted more than $2 billion in assets, partly through rewards offered to users depositing funds.

Analiz: Piyasa hareketliliği devam ediyor.