💔 Closing the Blast Layer-2 Network and Withdrawing Assets
The Blast network, a Layer-2 solution built on Ethereum, announced that it is shutting down its operations. The network explained that operating costs have exceeded the revenues it generates. Blast urged users to withdraw their assets from the network to the Ethereum mainnet before October 26.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ DEFI
#Ethereum #Layer2 #Blast #DeFi #Blockchain
📰 Source: decrypt.co
The Blast network, a Layer-2 solution built on Ethereum, announced that it is shutting down its operations. The network explained that operating costs have exceeded the revenues it generates. Blast urged users to withdraw their assets from the network to the Ethereum mainnet before October 26.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ DEFI
#Ethereum #Layer2 #Blast #DeFi #Blockchain
📰 Source: decrypt.co