Odaily Planet Daily reports that the Solana ecosystem NFT marketplace MagicEden will gradually cease support for the Ethereum Virtual Machine and Bitcoin Runes and Ordinals markets. CEO and co-founder Jack Lu stated that these markets will stop operating starting March 9, Bitcoin API will shut down on March 27, and crypto wallet services will end on April 1.
Jack Lu said the company will terminate the NFT buyback program and redirect resources to its online casino and sports betting platform Dicey. He mentioned that most of the platform’s costs are concentrated on products that generate little revenue, and moving forward, they will focus on the more profitable NFTPack product and prioritize the development of their crypto entertainment business. (Cointelegraph)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Vitalik Buterin Unveils 4-Year Roadmap for Faster, Quantum-Resistant Ethereum
Vitalik Buterin has proposed a four-year plan under which Ethereum will achieve quantum resistance via new hash-based signatures and quantum-resistant cryptography.
Buterin has sold nearly 17,200 ETH, surpassing his stated target of 16,384 ETH which he said he’d sell to support ecosystem
CryptoNewsFlash16m ago
Crypto News: Ethereum Pectra Is In FInal Stages While Pepeto Staking Math Turns Heads With Massive Returns
The Ethereum Foundation just confirmed the Pectra upgrade is on track for its scheduled rollout, bringing account abstraction, blob scaling, and validator improvements to the network. As the Ethereum crypto news cycle heats up, the upgrade reminds the market that infrastructure wins, and
CaptainAltcoin21m ago
Over $9 billion lost in 4 months! Bitcoin and Ethereum ETF face the "longest bleeding" in history
The US Bitcoin and Ethereum spot ETFs are experiencing a massive capital exodus, with four consecutive months of net outflows totaling over $9 billion. The Bitcoin spot ETF has seen outflows of $6.39 billion, while the Ethereum ETF has seen outflows of $2.76 billion, indicating that institutional investors have lost interest in cryptocurrencies, leading to a continuous decline in prices. The market in early 2024 was once prosperous due to the launch of ETFs and Trump's election, but now it has entered a winter season.
区块客2h ago
