magic eden

Magic Eden Hit With ‘Massive Exploit’, Customers Buy 25 Fake NFTs

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Magic Eden has become the latest victim of an exploit, leading to the listing and sale of fake NFTs via the platform. A total of 25 fraudulent non-fungible tokens (NFTs) were purchased by unsuspecting buyers. The NFT marketplace says it will compensate the victims of this scam, taking responsibility of this exploit where internal systems … Read more

Magic Eden NFT Marketplace Tries to Entice Traffic with Rewards as Market Crumbles

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Magic Eden is trying to dial up the engagement on its platform at a time when the digital assets market as a whole is undergoing a downturn. The Solana-based NFT marketplace has announced a loyalty rewards initiative to entice the buyers of digital collectibles. The feature will fetch users five ‘Magic Points’ for every trade … Read more