NFT marketplace Blur announced on October 12 that its website blur.io will shut down on November 12. Its exchange protocol will continue to operate on the Ethereum blockchain, but without a replacement web interface. Its lending service Blend will also stop matching new borrowers and lenders on that date. Blend users must repay their loans before the deadline or risk losing their NFT used as collateral. Blur’s monthly volume dropped from $1.43 billion in March 2023 to under $7 million in March 2026, a decline exceeding 99 %.
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