Bybit is pulling the plug on its NFT marketplace, the latest in a string of crypto firms abandoning the once-hyped digital asset sector, as the exchange continues to grapple with the fallout from a hack five weeks ago.
The crypto exchange said in an April 1 statement that it will discontinue operations for its NFT Marketplace, Inscription Marketplace, and IDO product pages as part of a broader effort to streamline its offerings.
The platform will become inaccessible on April 8, and users have been advised to manage their assets before the deadline, Bybit said.
The shutdown follows a hack of the exchange in February for $1.4 billion, the largest crypto theft to date. The FBI attributed the attack to North Korea.
Bybit is not alone in…
Apr 03 2025
