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Blast shuts down after once holding more than $2 billion in crypto assets

  • Blast is shutting down as activity fades and costs rise.
  • More than $2 billion in crypto assets were once held on Blast.
  • Coinbase and Robinhood are building networks of their own.

Blast is shutting down after previously hosting more than $2 billion in crypto assets. The closure follows fading activity and rising costs, as larger platforms including Coinbase and Robinhood build networks of their own.

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