![Binance Connect shutting down on Aug. 16 Binance Connect shutting down on Aug. 16](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/a93801a9-cd10-4f77-9faf-a4de26a048b3.jpg)
Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, will shut down on Aug. 16, Cointelegraph confirmed on Aug. 15 via an email with a Binance spokesperson. The same day, BNB…
![This NFT Marketplace Raised .7M From OpenSea and Others—Now It’s Shutting Down This NFT Marketplace Raised .7M From OpenSea and Others—Now It’s Shutting Down](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2022/12/nft-tokens-shutterstock-gID_2.png@png)
The NFT space was booming last March when Formfunction—a Solana marketplace focused on one-of-one, single-edition artwork—announced that it had raised nearly $5 million in funding from prominent backers. Just one year later, however,…