Ethereum NFT Marketplace Blur Faces Closure After Volumes Crash 99 Percent

T2Covered by 1 source · first reported by Gadgets360 (NDTV) via FeedBurner at 13 Oct, 12:06 UTC

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…