Web3 developer Magic raises $52M in funding led by PayPal Ventures
The company has raised $80 million for wallet development since its inception in 2020.
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Magic Eden launches marketplace for Bitcoin Ordinals
It’s one of the first major NFT marketplaces to join the Bitcoin Ordinals fray.
Starkware commits to open source its ‘magic wand’ Starknet Prover
The prover is the crucial engine Starkware uses to roll up hundreds of thousands of transactions and compress them into a tiny cryptographic proof written on the Ethereum blockchain.
Magic Eden to refund users after 25 fake NFTs sold due to exploit
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.
‘WTH did I just witness?' Magic Eden turns porno after hosting service hacked
The NFT marketplace said the issue was caused by its third-party image hosting provider and assured users their NFTs were safe.
Magic Eden follows OpenSea with NFT royalty enforcement tool
The open-source Open Creator Protocol of the NFT marketplace will enforce NFT creator royalties for new collections that opt-in to the tool.
Magic Eden defends launch of NFT royalty enforcement tool
MetaShield works by enabling creators to flag an NFT or blur the image if the listed or traded NFT bypasses creator royalties.
Solana NFT marketplace Magic Eden closes $130M Series B round at $1.6B valuation
Magic Eden accounts for over 90% of NFT trading volume on Solana.
Magic Internet Money token depegs as Terra (LUNA) domino effect persists
Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli.
DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert
A researcher from the University of Nicosia elaborates on key controversies of decentralized finance.