Magic Eden shuts down multi-chain wallet, gives users until April 1 to export keys or lose access
decrypt.co •
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Promote with Leviathan NewsME raised $160M at a $1.6B valuation selling the multi-chain thesis, captured 80% of Ordinals volume, then Jack Lu admits 80% of operating costs were feeding 20% of revenue. Wallet export deadline is literally tomorrow — with clipboard disabled on key exports, so you're hand-copying seed phrases — while the grand pivot lands on Dicey, a gambling product with ~200 users and $15M in wagers. Everyone who farmed the ME airdrop cross-chain effectively subsidized a Solana company's two-year detour into Bitcoin and EVM.
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