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Project Overview
Blend is a peer-to-peer perpetual lending protocol that supports arbitrary collateral, including NFTs. Blend has no oracle dependencies and no expiries, allowing borrowing positions to remain open indefinitely until liquidated, with market-determined interest rates. Blend powers product offerings from Blur.
Blur will shut down its website frontend on November 12, while the on-chain protocol continues to run.
According to official sources, Blur has announced that its web frontend, blur.io, will be discontinued on November 12, 2026. This adjustment only affects the frontend layer; the Blur marketplace protocol will continue to operate on-chain, and $BLUR will retain control over the protocol fee toggle. Additionally, its affiliate lending protocol Blend will cease matching new loans on the same day (November 12, 2026), allowing borrowers to repay their loans or opt for default before the deadline. The official team noted that a frontend tool will be launched after the cutoff date to assist users in withdrawing their associated assets from Blend. Users are also advised to be vigilant against spoofed accounts and fraudulent announcements, and to rely solely on information published by official accounts.
Coldcard Vulnerability Causes User Losses Exceeding $88 Million, Coinkite May Face Class Action Lawsuit
Odaily News: Coinkite, the company behind hardware wallet Coldcard, may face legal action from users who collectively lost over 1,300 BTC — valued at more than $88 million — due to a vulnerability in the mnemonic generator of certain models. Thomas Braziel, founder and managing partner of 117 Partners, is investigating product liability claims and potential class action lawsuits against Coinkite, while coordinating efforts to collect information from victims worldwide. Brazilian Bitcoin advocate Felipe Ojeda has filed a police report and will file a complaint against the company in Brazil. Cris Carrascosa, CEO of ATH21, stated that Coinkite does not assume custodial responsibility for user funds tied to its products, and any lawsuit would need to prove that Coldcard could have foreseen the attack. Ana Ojeda, head of institutional business development at Blend, noted that victims do not have an automatic right to full recovery of funds, but an investigation into liability issues can be pursued.
Related news
Blur will shut down its website frontend on November 12, while the on-chain protocol continues to run.
According to official sources, Blur has announced that its web frontend, blur.io, will be discontinued on November 12, 2026. This adjustment only affects the frontend layer; the Blur marketplace protocol will continue to operate on-chain, and $BLUR will retain control over the protocol fee toggle. Additionally, its affiliate lending protocol Blend will cease matching new loans on the same day (November 12, 2026), allowing borrowers to repay their loans or opt for default before the deadline. The official team noted that a frontend tool will be launched after the cutoff date to assist users in withdrawing their associated assets from Blend. Users are also advised to be vigilant against spoofed accounts and fraudulent announcements, and to rely solely on information published by official accounts.
Coldcard Vulnerability Causes User Losses Exceeding $88 Million, Coinkite May Face Class Action Lawsuit
Odaily News: Coinkite, the company behind hardware wallet Coldcard, may face legal action from users who collectively lost over 1,300 BTC — valued at more than $88 million — due to a vulnerability in the mnemonic generator of certain models. Thomas Braziel, founder and managing partner of 117 Partners, is investigating product liability claims and potential class action lawsuits against Coinkite, while coordinating efforts to collect information from victims worldwide. Brazilian Bitcoin advocate Felipe Ojeda has filed a police report and will file a complaint against the company in Brazil. Cris Carrascosa, CEO of ATH21, stated that Coinkite does not assume custodial responsibility for user funds tied to its products, and any lawsuit would need to prove that Coldcard could have foreseen the attack. Ana Ojeda, head of institutional business development at Blend, noted that victims do not have an automatic right to full recovery of funds, but an investigation into liability issues can be pursued.