The Block·ETH
Paradigm-backed Layer 2 Blast to wind down network as costs exceed revenue
Ethereum L2 Blast is winding down after costs outpaced revenue. Users have until Oct. 26 to withdraw via the app.
Also covered by 6 outlets
- The Defiant ↗Blast to Shut Down Layer 2, Citing Unsustainable Costs
- Crypto Briefing ↗Blast shuts down operations amid unsustainable costs
- BeInCrypto ↗Ethereum Network Blast Is Shutting Down: Who Controls Users' Last $51 Million?
- CoinDesk ↗Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
- Decrypt ↗Once a $2.3 Billion Network, Ethereum Layer-2 Blast Is Shutting Down
- Bitcoin.com News ↗Ethereum Layer 2 Network Blast to Shut Down After Revenue Collapse
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