MetaMask removes Wyre from aggregators amid shutdown experiences


Related articles

Crypto pockets MetaMask is ending assist for providers of Wyre crypto fee platform amid experiences of Wyre planning to close down operations quickly.

MetaMask took to Twitter on Jan. 5 to announce that it has eliminated Wyre from its cellular aggregator, which permits customers to purchase crypto straight via its digital pockets.

“We’re at present engaged on extension elimination and respect your endurance,” MetaMask mentioned, asking customers to not use Wyre on the cellular aggregator.

In keeping with the announcement, MetaMask nonetheless helps a large variety of other payment gateways, together with Transak, MoonPay, and Sardine. The providers can be found on Apple Pay, financial institution playing cards and transfers, MetaMask famous.

The information comes quickly after Wyre CEO Ioannis Giannaros reportedly announced to workers that the agency goes to quickly shutdown operations.

“We’ll proceed to do every part we are able to, however I need everybody to brace themselves for the truth that we might want to unwind the enterprise over the subsequent couple of weeks,” Giannaros reportedly acknowledged.

Associated: 2023 could be a rocky year for crypto venture investments: Galaxy Research

MetaMask didn’t instantly reply to Cointelegraph’s request to remark. Wyre didn’t reply to a number of press inquiries from Cointelegraph.

Based in 2013 in San Francisco, Wyre is a serious crypto fee agency that got here near being acquired for $1.5 billion final yr. In April 2022, america e-commerce startup Bolt agreed to acquire Wyre. Amid the huge crypto bear market of 2022, Bolt finally opted to scrap the deal in September.