Yuga Labs executive: Blur team dissolved and contract can be upgraded, users should immediately revoke NFT authorization

According to Quit, Vice President of Blockchain at Yuga Labs, after Blur announced the abandonment of the front-end, although no vulnerabilities were found in existing contracts, Blur contracts are upgradable and there is a risk of being changed to malicious contracts. There are still NFTs worth tens of millions of dollars authorized to Blur contracts, and their security depends on the disbanding Blur team. Quit suggests that users immediately revoke their authorization for Blur through tools such as revoke.cosh. The NFT market Blur will abandon its front-end on November 12th, and Blend will stop matching new loans.