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{"id":5739,"date":"2025-04-02T02:17:09","date_gmt":"2025-04-02T02:17:09","guid":{"rendered":"http:\/\/hongkongbuybitcoin.com\/?p=5739"},"modified":"2025-04-02T02:17:09","modified_gmt":"2025-04-02T02:17:09","slug":"bybit-shuts-doors-on-nft-marketplace-as-interest-wanes","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=5739","title":{"rendered":"Bybit shuts doors on NFT marketplace as interest wanes"},"content":{"rendered":"

Bybit announced the closure of its NFT Marketplace, Inscription Marketplace, and IDO product pages to streamline offerings and improve user experience due to declining demand. The shutdown on April 8 follows a trend of waning institutional interest in NFTs, with trading volumes dropping over 95% since 2021. Security concerns also contributed to Bybit’s decision.<\/p>\n","protected":false},"author":1,"featured_media":5740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/5739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5739"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/5739\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/5740"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}