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Nonfungible token (NFT) marketplace Magic Eden has launched its own “fully audited” marketplace for Bitcoin Ordinals, leveraging the surging interest in “Bitcoin NFTs.” The newly launched marketplace allows Bitcoin (BTC) NFT traders to buy and sell Bitcoin Ordinal collections, giving users a similar experience it offers for Polygon, Ethereum, and Solana-based
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Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring Original Source
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MoonPay has a similar partnership in place with NFT marketplace LooksRare. Original Source
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Bonk, a Shiba Inu-themed token issued on Dec. 25, returned as much as 3,220% to traders in the past week before profit-taking saw prices fall nearly 70% from lifetime peaks. The token was airdropped to Solana NFT (non-fungible token) communities and creators, which led to quick hype and trading volumes
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An exploit on Magic Eden led to the creation of fake NFTs for the popular ABD and y00ts collections. Magic Eden has said to have resolved the issue for now.On Wednesday, January 4, there was a major exploit reported on the popular NFT marketplace Magic Eden with scammers able to
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Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit.In a Jan. 4 statement, the company said a bug in its newly deployed "activity indexer" for its Snappy Marketplace and Pro Trade
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The unresolved issue is allowing unverified NFTs to be added to high-priced collections like Y00ts and ABC. Source
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Nonfungible token (NFT) marketplace Magic Eden had to assure users their NFTs “are safe” after a spate of pornographic images littered its platform on Jan. 3.In a Jan. 3 tweet, the Solana-based NFT marketplace told its users it “has not been hacked” and the “unsavory images” were the result of its
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For every 1 SOL traded, users earn five “Magic Points,” placing users in one of five loyalty tiers. This ranking system will reward users with unique benefits, including exclusive creator content, partner discounts, and NFT giveaways airdropped directly to their profile. Original Source
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Chris Akhavan, the first person to serve in this role at the marketplace, was previously chief business officer at blockchain gaming company Forte. He told CoinDesk that he will work to build out Magic Eden’s efforts to tap into the gaming industry, supporting game developers building with Magic Eden’s infrastructure. Original
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