magic eden

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

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

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 NFT Marketplace Tries to Entice Traffic with Rewards as Market Crumbles

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