MagicEden CEO announces the cessation of support for Ethereum and Bitcoin NFT markets, shifting focus to prediction markets
Prefer us on Google
The Solana ecosystem NFT market MagicEden will gradually cease support for the Ethereum Virtual Machine and the Bitcoin Runes and Ordinals markets. CEO and co-founder Jack Lu stated that the relevant markets will stop operating on March 9, the Bitcoin API will be shut down on March 27, and the cryptocurrency wallet service will end on April 1.
Jack Lu mentioned that the company will terminate the NFT buyback program and redirect resources to its prediction market Dicey. He stated that most of the platform's costs are concentrated on products that contribute little revenue, and in the future, they will retain the more profitable NFTPack product and focus on the development of the crypto entertainment business.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Crypto: The Fake GTA 6 That Drains Your Wallet
Bitcoin, Ethereum, Solana: Who is really the most decentralized?
Robinhood put stocks on a permissionless blockchain- memecoin traders are stress-testing what happens next
Bitcoin: Buy High and Sell Low, Strategy Justifies and Explains Its Choices
Strong Yen Pressures Nikkei and Exposes Bank of Japan's Dilemma
Bitcoin Golden Cross Approaches: The 12 Previous Instances That Call for Caution
Standard Chartered brings institutional Bitcoin, Ether trading to UAE
43% of Indonesian Fintechs Have Turned a Profit, IDX Ready to Support IPOs
Tether’s USDT0 launches on Stellar with cross-chain liquidity
Interest Rate Hike Probability Rises from 37% to 67% in a Week, New York Fed President: Long-Term Bond Yields Reflect Economic Strength
Hyperliquid Strategies Increases Equity Financing Limit to $2.5 Billion (Additional Submission to SEC)
10 Trillion Euros in Dormant Savings: What the EU Wants to Do with Your Money
XRP Ledger tested by BIS researchers for data checks
Some establishments are likely to be closed
2026's Most Wild DeFi Yield Strategies: No Betting on Explosive Growth, Just Harvesting On-Chain Speculation Fees
Bessent names digital assets among possible targets in Iran sanctions push
AI Wars II Is Here: WEEX Labs Launches Its Biggest Human vs. AI Trading Showdown Yet, Early Bird Round Opens Sept 3
WEEX Labs officially launches AI Wars II, the second season of its Human vs. AI trading championship. Early bird registration opens Sept 3-6, with the first 20,000 users sharing a 100,000 USDT prize pool. Register now.
Ethereum versus Solana: Which L1 captures more value?
Fables Points Program Ends in October: Is the 'Quick and Easy' US Stock Market Making Agreement Worth Participating?
Robinhood Chain Activity Surges as Microsoft Separately Discloses Azure Revenue and Broadcom Slips After Hours | WEEX TradFi Daily Brief (Sep. 3, 2026)
This brief focuses on Robinhood Chain’s sustained on-chain trading momentum and its direct revenue contribution to the Arbitrum ecosystem, Microsoft’s move to improve transparency around Azure and AI infrastructure revenue, and Broadcom’s growing tension between strong AI semiconductor growth and rising market expectations. Investors are also turning their attention to the U.S. August nonfarm payrolls report and Ciena’s earnings as the next tests for the macro rate path and AI networking demand.
What Challenges Does Stock Tokenization Face?
x402 Since Launch: 150 Million Transactions, Settlement Amounts, and a Review of Real-World Use Cases
Nonfarm Payrolls Preview Before Friday: How Will the Fed Choose Between Cooling Employment and Rising Inflation?
Countdown to Arc Mainnet: Where Will the First Batch of Traffic Flow?
London Stock Exchange Partners with Payward to Tokenize 100 UK Stocks
No Matter Whether Warsh Raises Rates or Not, He is Definitely One of Us
Despite Cryptocurrency Gains, Shareholders Remain Unsmiling: Kaiko Research Diagnoses Structural Limitations of DAT
Cornell University Survey: 90% Awareness of Bitcoin but Only 13% Understanding; Japan Reports Highest 'Difficult to Understand' Responses Among 25 Countries
What is short selling? The trading minute
Wall Street Morning Brief: U.S. Treasury Sell-off Pauses, U.S. Stocks Rise, Software Stocks and Japanese Bond Auction Hide Concerns
Crypto: The Fake GTA 6 That Drains Your Wallet
Bitcoin, Ethereum, Solana: Who is really the most decentralized?
Robinhood put stocks on a permissionless blockchain- memecoin traders are stress-testing what happens next
Bitcoin: Buy High and Sell Low, Strategy Justifies and Explains Its Choices
Strong Yen Pressures Nikkei and Exposes Bank of Japan's Dilemma
Bitcoin Golden Cross Approaches: The 12 Previous Instances That Call for Caution
