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 cell aggregator, which permits customers to purchase crypto immediately via its digital pockets.
“We’re presently engaged on extension removing and respect your persistence,” MetaMask stated, asking customers to not use Wyre on the cell aggregator.
In response to the announcement, MetaMask nonetheless helps a large variety of different fee 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 introduced to workers that the agency goes to quickly shutdown operations.
“We’ll proceed to do all the pieces we will, however I need 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 significant crypto fee agency that got here near being acquired for $1.5 billion final 12 months. In April 2022, the US e-commerce startup Bolt agreed to amass Wyre. Amid the large crypto bear market of 2022, Bolt ultimately opted to scrap the deal in September.