Solana

Eden

Bitcoin

<ul class="news-points">
 <li><strong>Magic Eden temporarily halts Bitcoin BRC-20 trade following the substantial drop in trading activity.</strong></li>
 <li><strong>The marketplace’s surprising move is intended to protect users best.</strong></li>
 <li><strong>The closure of Bitcoin BRC-20 trade will not affect other trading activities of the marketplace.</strong></li>
</ul>
<p>Community-centric <a href="https://coinedition.com/top-5-nft-marketplaces-by-sales-volume-on-dappradar/" rel="noopener noreferrer nofollow">NFT marketplace</a> 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.</p>
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">We’ve temporarily paused BRC-20 trading to best protect users until full ord consensus across all BRC-20<br><br>All other trading remains live on Magic Eden in the meantime!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fae1.png" alt="🫡" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— Magic Eden on Bitcoin <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f7e7.png" alt="🟧" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@MEonBTC) <a href="https://twitter.com/MEonBTC/status/1715932783804080468?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 22, 2023</a>
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<p>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,</p>
<blockquote class="wp-block-quote">
 <p>“Magic Eden (“The Company”), the leading cross-chain NFT platform, today announced…</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/nft-marketplace-magic-eden-temporarily-halts-bitcoin-brc-20-trade/">NFT Marketplace Magic Eden Temporarily Halts Bitcoin BRC-20 Trade</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

NFT Marketplace Magic Eden Temporarily Halts Bitcoin BRC-20 Trade

Coin Edition

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