My wing paddles have held up fine, but I've cracked various parts of my ZRE brand carbon canoe paddles on multiple occasions. I've crushed the grip, cracked the shaft just above the blade, and cracked the blade planting it down hard on a sand bar. All 3 times I've repaired it successfully.
If the crack has severed the threads of carbon, there is a weak spot and a catastrophic failure is likely to propagate from the small crack, as it has created a weak spot in the weave. Also, since its high up on the blade, there is a lot of amplified lever force on it, so I would say it is likely to fail without repair.
I'd repair the area with 1 layer of 6oz carbon cloth to ensure your paddle lives on. I attached my composite repair instructions for reference.
I'd avoid using fiberglass to repair carbon, because like Fath's experience shows, glass flexes a lot more than carbon and the crack may reappear because the carbon is more rigid than the glass. In general, I'd alwaus recommend repairing with like cloth (or in the case of Kevlar, use carbon because Kevlar cannot be sanded - glass and carbon can)