Binance Closes Its Centralized NFT Marketplace, Joining Coinbase, Kraken in CEX-Backed NFT Retreat
- Binance finally admits the centralized NFT marketplace was a terrible idea, joining Coinbase and Kraken in the great retreat. By July 3, they’re folding their shop into the self-custody Wallet. It’s not innovation; it’s damage control. The CEX-backed NFT dream is dead, buried under rug pulls and zero volume. While moonboys cry over their JPEGs, the giants pivot to actual utility—or at least, less obvious scams. Vitalik makes a weird face because he knew this was coming. Stop buying digital receipts for nothing. The party is over, and the exchange is kicking you out.