Ethereum NFT Marketplace Blur Faces Closure After Volumes Crash 99 Percent
Blur, once a leading Ethereum NFT marketplace, plans to shut down its website on November 12 after trading volumes fell sharply from their 2023 peak.
Its lending platform, Blend, will stop offering new loans, while borrowers will have until the closure date to repay or default.
The shutdown follows the closure announcement for Blast, another project associated with Blur creator Tieshun Roquerre.
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