NFT Marketplace Blur to Shut Down Website, Stop New Blend Loans Next Month

The shutdown comes as NFT trading volumes have collapsed from their 2021-2022 peak, with market revenue projected at $318 million this year.
Key Takeaways
- The shutdown comes as NFT trading volumes have collapsed from their 2021-2022 peak, with market revenue projected at $318 million this year.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

MediaMarktSaturn pulls Ledger products amid tampering reports
European retailer MediaMarkt pulled Ledger products as the wallet maker probes tampering reports beyond CryptoBilis in Southeast Asia.
Bitcoin Briefly Tops $84,000 Amid Asian Stock Market Bloodbath: What’s Next?
Bitcoin briefly climbed back above $84,000 on October 13 before retreating as a broad Asian equity rout deepened across major markets and dragged global risk appetite lower. The move shows how closely crypto still tracks equities, while on-chain data paints a…
How Far Can China’s Yuan Rise? What Goldman’s Models Show
Goldman Sachs expects China’s yuan to strengthen to 6.40 per dollar within a year, from around 6.69 now. Its top currency strategist says forward markets have not caught up to that view. Kamakshya Trivedi is Goldman’s global head of FX, rates and emerging…