Bybit "Ends NFT Marketplace Operation"

Source
Son Min

Summary

  • Bybit announced that it will end the operation of the NFT marketplace.
  • It was reported that access will be blocked from April 9 due to the end of operation.
  • Recently, the NFT trading volume has decreased by 70% to $5.34 million.

The cryptocurrency exchange Bybit will end its non-fungible token (NFT) marketplace operation.

On the 1st (local time), Bybit announced on its official website that "access will be blocked from 1 AM (KST) on April 9."

Meanwhile, according to Token Terminal data, the daily NFT trading volume a year ago was around $18 million, but it has now significantly decreased to $5.34 million, a 70% drop.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
hot_people_entry_banner in news detail bottom articles
hot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

"Bitcoin whale accumulation hits highest level since 2024…long positions increase amid bearish conditions"

22 minutes ago
"Bitcoin whale accumulation hits highest level since 2024…long positions increase amid bearish conditions"

Han Jeong-ae, DPK policy chief: "Pushing framework act covering limits on exchange ownership stakes and a bank-led stablecoin model"

1 hours ago
Han Jeong-ae, DPK policy chief: "Pushing framework act covering limits on exchange ownership stakes and a bank-led stablecoin model"

Unregistered crypto exchanges continue operating openly as the Korea Communications Media Commission is effectively shuttered

1 hours ago
Unregistered crypto exchanges continue operating openly as the Korea Communications Media Commission is effectively shuttered

US spot Ethereum ETFs see $57 million in net inflows a day after outflows

3 hours ago
US spot Ethereum ETFs see $57 million in net inflows a day after outflows

US spot Bitcoin ETFs see $144.9 million in net inflows a day earlier…second straight session

3 hours ago
US spot Bitcoin ETFs see $144.9 million in net inflows a day earlier…second straight session

Trending News