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.
We’ve temporarily paused BRC-20 trading to best protect users until full ord consensus across all BRC-20All other trading remains live on Magic Eden in the meantime!