Layer 2 network Blast announces cessation of operations, users must withdraw assets by October 26th

Layer 2 network Blast has announced the cessation of operations due to operating costs exceeding revenue. Users are advised to withdraw their assets from the Ethereum mainnet before October 26th. The Blast plan will shorten the withdrawal waiting time to 24 hours, and the team will first handle the withdrawal of Lido assets held by Blast. During this period, the withdrawal function will be temporarily unavailable. After October 26th, users need to directly interact with the Blast Bridge contract on Ethereum L1 to extract assets. The team will announce specific operating instructions before the deadline.