Magic Eden Wallet to Limit Data Export from April 1, Completely Cease Operations by May 1

AirdropBlackHole · 2026-04-01T02:16:41+00:00

Magic Eden's wallet will transition to data export-only mode by April 1 and cease operations by May 1. Users must export private keys to avoid asset loss. The platform has removed the wallet from app stores and shifted its focus to entertainment. The ME token will still provide ecological incentives.

AirdropBlackHole

2026-04-01 02:16:41

Abstract generation in progress

On April 1, the NFT marketplace Magic Eden announced that its native wallet will enter a data export-only mode starting April 1 and will completely cease operations by May 1. Users must export their private keys or recovery phrases before this date, or they will be unable to recover their assets. The wallet has been removed from major app stores, and new wallets cannot be downloaded or restored. Magic Eden had previously shut down its Ethereum and Bitcoin markets, shifting its business focus to entertainment and Dicey applications. The ME token will continue to serve as a core ecological incentive, with stakers able to earn USDC rewards, and the project team has established an ME buyback plan.

ME3.09%

ETH3.63%

BTC2.63%

USDC-0.01%

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