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Bybit to shut down NFT marketplace as trading volumes decline

cryptoweekly by cryptoweekly
April 1, 2025
in bitcoin, News
0

Bybit is shutting down its NFT and inscription marketplaces on April 8, 2025, as part of a broader strategy to streamline its offerings amid declining market interest.

Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace.

In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8, 2025, at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down its Inscription Marketplace and its initial decentralized exchange offering initiative.

Related: Bybit: 89% of stolen $1.4B crypto still traceable post-hack

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  • Bitcoin gets Fed rate pause 'tailwind' as BTC eyes $106K short squeeze
  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees by local crypto exchanges
  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees of local crypto exchanges
  • Binance’s CZ suggests ‘will function’ to distribute crypto in case of death
  • Need ChatGPT’s help? It could be making you dumber

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