Binance said it was dropping support for Bitcoin Ordinals as part of its efforts to streamline product offerings.
In this week’s newsletter, read about Binance’s nonfungible token (NFT) arm ending support for Bitcoin Ordinals, check out Dogecoin Ordinals airdropped Runestones, and find out how asset manager Franklin Templeton feels about Bitcoin NFTs. In other news, the metaverse is set to revolutionize the medical tourism market, and don’t forget this week’s Nifty News, featuring NFT collection Doodles collaborating on an animated film with Lil Wayne as a skeleton.
Binance NFT has halted its support for Bitcoin-based NFTs. On April 4, Binance posted that it would cease support for Bitcoin Ordinals trades and deposits as part of its efforts to streamline product offerings.
The exchange said it will also cease offering Bitcoin NFT airdrops and utilities after April 10. Furthermore, the exchange advised users to withdraw their Bitcoin NFTs from the marketplace before May 18.
