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Blast will shut a Layer 2 after warning costs are unsustainable

About $63.5 million remains in Blast’s canonical bridge, and users can withdraw through Oct. 26 via the normal interface.

Reported · Written up by our desk · Market Structure

Blast said it will shut down a Layer 2, citing unsustainable costs.

The company said about $63.5 million remains in its canonical bridge.

Blast set a withdrawal timeline, with users able to withdraw through the normal interface until Oct. 26.

After that date, contract-based withdrawals will continue, according to The Defiant.

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