What is Blur?

Launched on October 19, 2022, Blur is an NFT marketplace and aggregator. Users can compare NFTs across marketplaces, manage portfolios with advanced analytics, as well as buy NFTs. The VC-backed digital marketplace stated that users can sweep and snipe NFTs faster than on other platforms, and is 10x faster than the aggregator Gem.

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Trader loses 70 ETH over bug in NFT marketplace Blur 

A bug in the new bidding system of non-fungible token (NFT) marketplace Blur caused a user to lose 70 ETH by accidentally overbidding on an Art Gobbler NFT.

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Fast facts “I lost 70 ETH when I was using the new bidding system of @blur_io,” tweeted pseudonymous NFT trader Keungz, who is also the creator of the Keungz Genesis NFT collection. “When a user wants to input 0.1 ETH, if he enters a dot without zero, it becomes 1 ETH,” explained Kuntz, after the bug caused him to accidentally bid 70 ETH on Art Gobbler 8273, which had a floor price of 3.77 ETH. Blur replied to the thread saying that its policy is to refund users for platform bugs but not for user errors, adding that the platform will offer a 50% refund in this incident. “We originally considered the bid mistake to be a user error because there was no bug in the product per se. After evaluating further, we see how this can be considered a bug from the user’s perspective, so we will refund 50% to traders who were affected by this UI behavior,” wrote Blur, adding that they will offer automatic refunds for “collection bids that were accepted over 25% of the non-flagged floor [price]…” Paradigm-backed Blur launched on October 19, branding itself as the “NFT marketplace for pro traders.” Art Gobblers is an Ethereum-native collection of 2,319 NFTs created in August, depicting cartoon, animated monsters. The collection had a total trading volume of 11,548 ETH at 06:40 p.m. in Hong Kong.

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About Dashboard

Author: Amir

Twitter: @amir007_eth

Thanks MetricsDAO & FlipsideCrypto

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Blur Info

Website: https://blur.io

Twitter: @blur_io

Conclusion

• The ethereum.core.ez_nft_sales table, which is very well designed and convenient in FlipsideCrypto, was used.
• The loss of capital was reported on a website, which should be checked to see if this has happened to that collection.
• All reviews are in the last 30 days and they are general and separate by day.
• In the last 30 days, close to 100 million dollars of volume has happened in blur.
• The highest volume was recorded on December 6. About 6.16 million dollars.
• After Opensea, Looksrare and X2Y2, blur recorded the highest volume in the last 30 days.
• 178 thousand transactions have taken place, the highest of which was on December 4 with 12.5 thousand transactions.
• Boredapeyachtclub collection had the highest volume in the last 30 days and was one of the most popular collection of NFTs.
• More than 51 thousand active users have been active on blur in the last 30 days. In fact, people who have bought or sold on this platform even once in the last 30 days are counted as active users.