Blur, a popular NFT marketplace, has resolved a recent bug that has impacted some bids on its platform. The bug affected certain bids placed by users over the past 85 hours, causing some bids to cancel. The marketplace has compensated users who have suffered losses as a result of the bug’s impact on the bidding process.
The founder of Blur, known as Pacman on Twitter, informed the community about the bug and disabled the bid acceptance functionality while addressing the issue. The bug was fixed and additional safety checks were implemented to prevent similar issues from occurring in the future.
The affected bids above the floor at the time were automatically canceled and users were refunded twice the difference between their bid price and the proper top bid at the time. The compensation was successfully processed within 24 hours and cost Blur 50.8 ETH, which was worth approximately $95,000 at the time.