BLUR will launch the first phase of filters against bid fraudsters this week

2023-05-11 11:03:18
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ChainCatcher news, Blur's official tweet states that there will be two important changes this week: 1. Bidders must cancel their bids before accepting a lower bid. This will take effect starting tomorrow. 2. The first phase of the filter against bidding fraudsters will be launched later this week.

Currently, when accepting bids, the seller's own bid is skipped. This prevents self-trading, but it makes it difficult for other traders to determine what the "true" highest bid is. Bid acceptance will no longer skip the seller's own bid. Sellers must cancel their bids in order to sell at a lower bid. (Source link)

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