🇮🇷 Regional Extinction Is Coming to Blockchain Too Source 1. Blast, which had received investment from Paradigm and Standard Crypto, announced its closure. The reason given by the team was that sustainable operation was difficult due to high maintenance costs. 2. What is noteworthy is not so much why Blast failed, but whether other chains are different. Blast encouraged participation by offering points for deposits a...
[Coinbase Suspends BLAST Trading on 10/20] Following the official announcement by Ethereum Layer 2 (L2) network Blast that it is shutting down chain operations
Tue 20 Oct 2026 · announced 6 Oct · 14 days notice · coinnesskr
The announcement it was read from
[Coinbase Suspends BLAST Trading on 10/20] Following the official announcement by Ethereum Layer 2 (L2) network Blast that it is shutting down chain operations due to deteriorating profitability, Coinbase announced that it will suspend BLAST trading on October 20 at 14:00 (ET). https://coinness.com/news/1170925
date matched on “October 20” (month_name_inferred)
Who was talking, 14 days before → 7 after
What was said about BLAST — most credible first, 14 shown
Mantle's unexplained plunge is being linked to the shutdown of Blast in some communities, creating FUD by bundling it with low-profitability L2.
["Termination of Blast and Abstract Does Not Mean Ethereum L2 Experiment Is a Failure"] Jesse Pollak, founder of the Ethereum Layer 2 network Base, stated in an interview with The Block at TOKEN2049 in Singapore that "the termination of operations for Blast and Abstract does not mean the end of the Ethereum Layer 2 experiment." He emphasized that "blockchain networks are like businesses in many respects. Not every bu...
[Analyst: "Useless Layer 2s Closing Down Successively... More Optimistic About ETH"] Cryptocurrency analyst Ted Pillows stated that he views ETH more optimistically as several Ethereum (ETH) Layer 2 (L2) projects have successively announced their shutdowns. Speaking to X, he argued, "Useless L2s are being weeded out, such as projects like Abstract and Blast ceasing operations. The lesson is simple: build directly on...
[Coinbase Suspends BLAST Trading on 10/20] Following the official announcement by Ethereum Layer 2 (L2) network Blast that it is shutting down chain operations due to deteriorating profitability, Coinbase announced that it will suspend BLAST trading on October 20 at 14:00 (ET). https://coinness.com/news/1170925
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