Blocto Wallet Service to Permanently Shut Down on December 18, 2025

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Blocto announced on December 17, 2025, that its wallet service will permanently shut down on December 18, 2025, at 7:00 PM PST. The decision follows over $5.5 million in losses from the FLOW token’s price collapse. Users must withdraw liquidity from BloctoSwap, bridge tUSDT (Flow) to Ethereum via Blocto Teleport, and export private keys to non-custodial wallets. Staking remains active, but delays could lead to asset loss. On-chain data shows growing risks for altcoins to watch in volatile markets.

Based on TechFlow, Blocto announced on December 17, 2025, that its wallet service will permanently cease operations on December 18, 2025, at 7:00 PM PST due to over $5.5 million in losses from the FLOW token's price collapse. Users must withdraw liquidity from BloctoSwap, bridge tUSDT (Flow) back to Ethereum via Blocto Teleport, and export private keys to non-custodial wallets. The staking service will remain operational, but failure to act before the deadline may result in permanent asset loss.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.