📢 Layer 2 Network Blast Announces Shutdown
📅 October 2 Update
On October 2, the Ethereum Layer 2 network Blast officially announced it will shut down its L2 operations. The core reason provided is that ongoing maintenance costs have outpaced the network's revenue, making the current model unsustainable.
💡 Key Information & Action Required:
• Web Interface Deadline: Users must withdraw their assets through the official Blast web interface by October 26, 2026.
• Fallback Extraction: Users missing the web deadline can still withdraw funds directly via Ethereum mainnet bridge contracts after the cutoff date.
#Blast #Layer2 #Ethereum #CryptoNews #DeFi
October 6, 2026 1
