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Magic Eden follows OpenSea with NFT royalty enforcement tool
2.12.2022
The open-source Open Creator Protocol of the NFT marketplace will enforce NFT creator royalties for new collections that opt-in to the tool
Nifty News: Royalty-enforcing NFTs a 'new asset class,' South Korea buys NFTs with CBDC, and more
8.11.2022
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
NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar
4.11.2022
A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased
The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales
30.10.2022
While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market...
Twitter Reveals ‘NFT Tweet Tiles’ in Order to ‘Impact’ the Social Media Experience
29.10.2022
According to the social media company Twitter, the firm plans to launch a new feature called “NFT Tweet Tiles,” a segregated panel within a tweet that showcases non-fungible tokens (NFTs) and the marketplaces that list the specific NFT shared. The new NFT concept is expected to drop soon, in order...
Nifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more
24.10.2022
The largest NFT marketplace is facing headwinds from its competition as OpenSea sees its market share slip whilst its rivals gain significant ground
Crypto Twitter split as another NFT platform moves to opt-in royalties
17.10.2022
Despite the change to an optional royalties model, Magic Eden will still have full royalties set by default for all collections and listings
'Grotesquely overpriced' — Apple's App Store wants 30% cut on NFT sales
26.9.2022
While the commission is standard for Apple, some have expressed their displeasure at the company's “grotesquely overpriced” cut of sales
Stablecoin Economy Growth Stagnates for 73 Days, USDC Market Cap Slides 5% Lower
18.9.2022
Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from ​​$171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion...
Magic Eden defends launch of NFT royalty enforcement tool
15.9.2022
MetaShield works by enabling creators to flag an NFT or blur the image if the listed or traded NFT bypasses creator royalties
Ongoing Solana-based wallet hack has already seen millions drained
3.8.2022
NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play" and called on users to revoke permissions for any suspicious links in their Phantom wallets
Solana NFT marketplace Magic Eden closes $130M Series B round at $1.6B valuation
21.6.2022
Magic Eden accounts for over 90% of NFT trading volume on Solana
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
21.6.2022
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity,...
Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
19.6.2022
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST)...
Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea
8.6.2022
The new fund is intended to support the growth of NFT, gaming, and DeFi projects on Solana and to help keep former Terra developers on their feet following Terra’s fall
Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion
20.5.2022
Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%....
Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme
18.5.2022
Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a total value of over $147 million. Virtual Currency Pyramid Scheme...
Elden Ring Tool Simplifies Nightmare Of Choosing Best Magic-Slinging Gear
4.5.2022
A new, player-created Elden Ring calculator allows you to easily figure out which seal or staff you should be using to sling magic, providing you with an optimum catalyst for your incantations and sorceries by simplifying one of the game’s most daunting math problems.Read more
Elden Ring Player Does A Perfect Lord Of The Rings Impersonation
3.5.2022
It may have had some writing done by an old white guy, and have magic and swords and monsters and the word “Ring” in the title, but Elden Ring is not Lord of the Rings. Not even close. Unless....Read more
Tony Hawk’s Latest NFTs to Come With Signed Physical Skateboards
17.4.2022
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs will come with...