Crypto pockets MetaMask is ending assist for providers of Wyre crypto cost platform amid stories of Wyre planning to close down operations quickly.
MetaMask took to Twitter on Jan. 5 to announce that it has eliminated Wyre from its cell aggregator, which permits customers to purchase crypto straight via its digital pockets.
“We’re presently engaged on extension removing and respect your persistence,” MetaMask mentioned, asking customers to not use Wyre on the cell aggregator.
Based on the announcement, MetaMask nonetheless helps a large variety of different cost 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 all the pieces we will, however I would like everybody to brace themselves for the truth that we might want to unwind the enterprise over the following couple of weeks,” Giannaros reportedly said.
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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 cost agency that got here near being acquired for $1.5 billion final yr. In April 2022, the USA e-commerce startup Bolt agreed to amass Wyre. Amid the large crypto bear market of 2022, Bolt finally opted to scrap the deal in September.
