DeFi· ★★★· bearish·

Nifty Gateway shuts down as Binance and Magic Eden scale back NFT services

  • —Nifty Gateway shut on April 23 instead of February 23; no reason given for the delay
  • —Gemini will keep NFT support via its wallet and offers a bulk withdrawal tool
  • —Binance moved NFTs to wallets and ended in-account support on July 3
  • —Magic Eden dropped BTC and EVM marketplaces on March 9, retaining Solana and Packs
Why it matters: The retreat of major venues thins NFT liquidity and forces holders to migrate assets to self-custody wallets.
#BTC#ETH#SOL
Source: TokenPost
More on this
Security · Sep 27
Magic Eden legacy contract exploit: rare NFTs stolen, white hats rescue 23,155
 DeFi · yesterday
Abstract and other web3 projects scrap TGEs and shut down services
 Regulation · Oct 1
US Judge Dismisses ME Token Class Action Against Magic Eden