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Blur
BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock
Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities.
NFT Lending Is Trending, Raising Concerns of ‘Predatory’ Platform Behavior
Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky.
67% of New NFTs Minted Are Profitable: Nansen Data
According to Nansen data, 67% of new non-fungible token (NFT) mints in May are profitable. Separately, Dune Analytics notes a declining number of monthly active traders this year on Opensea, the largest NFT marketplace, amid increased weekly volume on Blur, an NFT platform geared towards professional traders. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Blend Has Taken 82% of NFT Lending Market Share: DappRadar
Non-fungible token (NFT) marketplace Blur's lending platform Blend has captured about $308 million in trading volume in just 22 days since its launch, seizing 82% of total NFT lending market share, according to a report from blockchain data aggregator DappRadar. DappRadar Web3 analyst Sara Gherghelas discusses the report's key takeaways and the state of the digital collectibles market.
Blend Seizes 82% of NFT Lending Market Share: DappRadar
Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.
NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity
Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.
NFT Marketplace Blur Launches Blend, a Peer-to-Peer Lending Platform
Short for Blur Lending, Blend will allow collectors to buy blue-chip NFTs with a smaller upfront payment, similar to a down payment on a house.
NFT Marketplaces Sales, Users Drop to Lows Not Seen Since 2021, Dune Data Shows
According to multiple dashboards compiled by researchers on analytics platform Dune, OpenSea and Blur are experiencing notable losses in both daily users and sales.
Former Bitcoin Core Developer Says NFT Market Is ‘Pleasantly Down to Earth’ Again
Now that the crypto asset sector has weathered the hype, higher-quality projects are likely to continue developing, Jeff Garzik says.
OpenSea Launches OpenSea Pro, Courting Professional NFT Traders
As part of the launch, marketplace fees will return to the main OpenSea platform at 2.5%, while Pro users will have zero fees.
