Meta pulling the plug on NFTs across Instagram and Facebook
The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the tools to focus elsewhere.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the tools to focus elsewhere.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter
In a July 29 forum-stage proposal, Aave risk service provider LlamaRisk recommended winding down the decentralized lender’s V3 dep...
A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network
By the time SBI Crypto pulled the plug on its Bitcoin pool in Japan on July 31, its seven-day average hashrate had fallen 64% in a...
Ethereum Turns 11 With $148B Stablecoin Base But Cooler Mainnet Fees
Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most i...
A tiny cluster of Solana bots unlocked a 3x trading advantage by routing through one proprietary protocol
New research into automated trading on Solana found a nearly threefold difference in positive wrapped SOL outcomes inside one smal...
Another crypto wallet pulls the plug tomorrow with no exact cutoff, leaving users racing to rescue tokens
Ctrl Wallet users have reached the app's last scheduled day of full service. On Aug. 3, sending, receiving, swaps, and dApp connec...
Metaplanet Hits 10,000 BTC, North American Crypto Volumes Surge 1,000%, and a Canadian City Eyes Bitcoin Mining for Heat
Metaplanet reaches 10,000 BTC, North American crypto volume jumps 1,000% driven by DeFi, and a Canadian city plans Bitcoin mining...