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.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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