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Blur announced that it will disable its frontend in 2026 year November, while its NFT lending protocol Blend will simultaneously stop matching new loans; after the news emerged, its BLUR token fell.
Yuga Labs Blockchain Vice President Quit said that Blur although no vulnerabilities were found in the existing contracts, they are upgradeable, and tens of millions remain USD NFT in an approved state; users are advised to revoke approvals immediately.
Yuga Labs Executive warns users to revoke Blur contract approvals, saying that they support upgrades and could introduce malicious logic in the future; approvals worth tens of millions USD-level NFT remain open.
Moonrock Capital CEO Simon Dedic said Pacman did not continue building a product with greater long-term value, instead choosing to extract value and profit in the short term.