727 FinancePANews October 13 news: Yuga Labs blockchain vice president Quit (@0xQuit) posted on X platform that after Blur announced it would deprecate its frontend, his investigation found no vulnerabilities in Blur's existing contracts, but Blur's contracts are upgradeable and could be changed into malicious contracts at any time. Currently, NFT approvals worth tens of millions of dollars are still granted to Blur's contracts, and their security actually depends on the operational security of the Blur team, which appears to be disbanding. He advised users with unrevoked approvals to Blur to immediately revoke them through tools such as revoke.cash.
It was previously reported early this morning that NFT marketplace Blur will deprecate its frontend on November 12, and Blend will stop matching new loans.