Blur's website goes dark today — but your NFTs are not going anywhere.
$BLUR is at $0.00650, down 3.0% in 24 hours, on thin $0.27M volume. The price is not the story here. The shutdown is.
What is happening:
• The blur.io website goes offline today, Nov 12. Bids, listings, Blend loans and ETH in the Blur Pool are all easier to handle while the site is still up.
• Blend stops matching new loans today — and 421 loans are still open, with 366 ETH of debt behind them, including 34 Bored Apes and 48 Pudgy Penguins. Borrowers have to repay or let them default.
• The smart contracts on Ethereum keep running. The site going dark does not delete anything on-chain — but the easy interface goes away.
• Blur once did $1.43 billion a month. By March this year it was under $7 million — down more than 99%. This is the second big crypto shutdown in three days, after Binance Pool closed on Nov 10.
If you still have anything on Blur — bids, loans, pooled ETH — today is the day to deal with it, not tomorrow.
Did you ever trade on Blur?
Not financial advice.
#BLUR #NFT #Crypto
$BLUR is at $0.00650, down 3.0% in 24 hours, on thin $0.27M volume. The price is not the story here. The shutdown is.
What is happening:
• The blur.io website goes offline today, Nov 12. Bids, listings, Blend loans and ETH in the Blur Pool are all easier to handle while the site is still up.
• Blend stops matching new loans today — and 421 loans are still open, with 366 ETH of debt behind them, including 34 Bored Apes and 48 Pudgy Penguins. Borrowers have to repay or let them default.
• The smart contracts on Ethereum keep running. The site going dark does not delete anything on-chain — but the easy interface goes away.
• Blur once did $1.43 billion a month. By March this year it was under $7 million — down more than 99%. This is the second big crypto shutdown in three days, after Binance Pool closed on Nov 10.
If you still have anything on Blur — bids, loans, pooled ETH — today is the day to deal with it, not tomorrow.
Did you ever trade on Blur?
Not financial advice.
#BLUR #NFT #Crypto
