Magic Eden launches marketplace for Bitcoin Ordinals
It’s one of the first major NFT marketplaces to join the Bitcoin Ordinals fray. Go to Source Powered by WPeMatico
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It’s one of the first major NFT marketplaces to join the Bitcoin Ordinals fray. Go to Source Powered by WPeMatico
On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction experience to the marketplace.” Magic Eden’s Decision to Launch on Bitcoin Without Royalty Support and Compete With Emerging Markets Magic … Read more
Square Enix’s NFT-friendly CEO is stepping down, but it may not impact the firm’s NFT plans, while Disney-backed Baobab Studios’ first NFT drop sold out ahead of its upcoming RPG game. Go to Source Powered by WPeMatico
Over two dozen fake NFTs were sold on the Magic Eden marketplace over a 24-hour period due to a “massive exploit” on the platform. Go to Source Powered by WPeMatico
The NFT marketplace said the issue was caused by its third-party image hosting provider and assured users their NFTs were safe. Go to Source Powered by WPeMatico
NFT gaming is at a similar stage to the early mobile gaming days, says a Magic Eden exec, while an analyst from Dune Analytics claims 58% of NFT trading volume this year has been wash trades. Go to Source Powered by WPeMatico
Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s investment portfolio, which alleges the company spent more than $5 billion on hundreds of investments. Some of the funds went to odd investments … Read more
The open-source Open Creator Protocol of the NFT marketplace will enforce NFT creator royalties for new collections that opt-in to the tool. Go to Source Powered by WPeMatico
The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to enforce them. Go to Source Powered by WPeMatico
A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased. Go to Source Powered by WPeMatico