Blast2026-10-02 14:52:00Blast to Wind Down Operations, Tells Users to Withdraw Assets Before Oct. 26, 2026Blast said on X that it will shut down and begin a phased wind-down of the network, citing economics that no longer work. The project said it originally aimed to build a chain that could sustain itself for both users and developers, but the ongoing cost of maintaining Blast now exceeds the revenue generated by the Layer 2, and the team no longer sees a credible path to making the chain economically sustainable. As part of the shutdown process, Blast asked all users to move funds from the network back to Ethereum mainnet, including balances held in the Blast PWA. To make withdrawals easier, the withdrawal delay will be reduced to 24 hours. Still, users will face a temporary pause first, because Blast plans to withdraw its Lido assets before reopening withdrawals under the new delay window. That step is expected to take about one week. Blast said users should complete withdrawals through the standard Blast interface by Oct. 26, 2026. After that date, funds will remain withdrawable, but users will need to interact directly with the Blast bridge contract on Ethereum L1. The project said detailed instructions will be released before the deadline.100
TxFlow2026-08-26 19:03:42TxFlow L1 bridge contract clears OpenZeppelin audit with no critical or high-severity issuesOpenZeppelin has completed an independent security audit of the bridge contract for TxFlow, a Layer 1 blockchain project. According to the audit report, no critical or high-severity vulnerabilities were found, and one medium-severity issue was resolved during the review process. The bridge contract serves as a core piece of infrastructure for moving funds between TxFlow L1 and external networks including Arbitrum, Ethereum, and Base. TxFlow said the audit forms part of its effort to bring in outside security expertise as it continues to build out its financial infrastructure and broader ecosystem. The project says it is building a Layer 1 designed for financial markets, with trading, liquidity, and financial applications combined on a single blockchain. Its ecosystem also includes projects now in development, including TxFlow DEX and Builder Code. The item was carried by Techub, citing BeInCrypto.870
