PANews reported on April 1st that, according to Cryptopolitan, NFT marketplace Magic Eden announced its native wallet will enter export-only mode on April 1st and cease operation completely on May 1st. Users must export their private keys or mnemonic phrases before then, otherwise their assets will be unrecoverable. The wallet has been removed from major app stores, and new wallets cannot be downloaded or restored. Magic Eden had previously closed its Ethereum and Bitcoin marketplaces, shifting its focus to entertainment and the Dicey application. The ME token will remain the core of the ecosystem's incentives, with stakers receiving USDC rewards, and the project has established a ME buyback program.