MetaMask removes Wyre from aggregators amid shutdown reports
Crypto pockets MetaMask is ending assist for companies 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 immediately via its digital pockets.
“We’re at present engaged on extension removing and respect your persistence,” MetaMask stated, asking customers to not use Wyre on the cellular aggregator.
In response to the announcement, MetaMask nonetheless helps a large variety of different fee gateways, together with Transak, MoonPay and Sardine. The companies 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 staff that the agency goes to quickly shutdown operations.
“We’ll proceed to do every thing 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.
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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 yr. In April 2022, america e-commerce startup Bolt agreed to accumulate Wyre. Amid the large crypto bear market of 2022, Bolt finally opted to scrap the deal in September.
