• Magic Eden temporarily halts Bitcoin BRC-20 trade following the substantial drop in trading activity.
• The marketplace’s surprising move is intended to protect users best.
• The closure of Bitcoin BRC-20 trade will not affect other trading activities of the marketplace.

Community-centric NFT marketplace Magic Eden recently announced its decision to temporarily halt Bitcoin BRC-20 trading best to “protect users until full ord consensus across all BRC-20”. However, as per an official post by Magic Eden on X, the short-term suspension of the Bitcoin BRC-20 trade will not affect other trading activities on the platform.

Magic Eden is one of the most popular NFT marketplaces built on the Solana blockchain. Launched on September 17, 2021, Magic Eden introduced a “fully audited” marketplace for Bitcoin Ordinals in March 2023. The press release stated,

“Magic Eden (“The Company”), the leading cross-chain NFT platform, today announced…

The post NFT Marketplace Magic Eden Temporarily Halts Bitcoin BRC-20 Trade appeared first on Coin Edition.

• Magic Eden temporarily halts Bitcoin BRC-20 trade following the substantial drop in trading activity.
• The marketplace’s surprising move is intended to protect users best.
• The closure of Bitcoin BRC-20 trade will not affect other trading activities of the marketplace.

Community-centric NFT marketplace Magic Eden recently announced its decision to temporarily halt Bitcoin BRC-20 trading best to “protect users until full ord consensus across all BRC-20”. However, as per an official post by Magic Eden on X, the short-term suspension of the Bitcoin BRC-20 trade will not affect other trading activities on the platform.

Magic Eden is one of the most popular NFT marketplaces built on the Solana blockchain. Launched on September 17, 2021, Magic Eden introduced a “fully audited” marketplace for Bitcoin Ordinals in March 2023. The press release stated,

“Magic Eden (“The Company”), the leading cross-chain NFT platform, today announced…

The post NFT Marketplace Magic Eden Temporarily Halts Bitcoin BRC-20 Trade appeared first on Coin Edition.