Blur closes on November 12: what matters now for NFT holders

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The once largest NFT marketplace on Ethereum switches off its website on November 12, 2026, and the Blend lending product will then arrange no new loans. Outstanding loans, open bids and old approvals all need a decision before that.Blur is switching off its website on November 12, 2026. The marketplace, which at one point served more than seven out of ten NFTs traded on Ethereum, announced the step on October 12 via its channel on X; CoinDesk reported on it on October 13. For you that means open bids, listed collectibles and above all outstanding loans from the Blend lending product need a decision before that date. The contracts on the Ethereum blockchain keep running; the interface does not. The BLUR token has reacted sharply to the announcement: $0.0123 on the morning of October 13, down 33.9 percent within 24 hours and 39.4 percent over seven days. The token's all-time low stands at $0.01228. The price is therefore sitting practically on it. What Blur switches off on Novemb...