Binance Shuts Down Its NFT Marketplace
Cryptocurrency exchange Binance has announced the shutdown of its non-fungible token (NFT) marketplace due to a prolonged downturn in the digital art market. The decision follows declining trading volumes, which have dropped from over $50 billion annually during their peak in 2022 to around $5.5 billion today.
Tickers: $XRP
Topics: Binance Market Downturn NFTs