• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

The truth that Magic Eden listed NFTs as “fake”

January 5, 2023
in Crypto News
0
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Appeared “fake” NFT mixed in the finest NFT trading platform Magic Eden. Even huge collections this kind of as Y00ts and ABC are “counterfeit”.

The fact that Magic Eden listed NFTs as fake
The truth that Magic Eden listed NFTs as “fake”

Late at evening on January four, the neighborhood started spreading details that NFT ABC scam was getting offered for hundreds of bucks on Magic Eden. The very same condition happens for the y00ts assortment. DeGods was right away launched alert to their neighborhood right away soon after the accident.

Related articles

‘If you require the correct solution, do not use it’

The Most Forgotten Fact About Medical Marijuana Explained

March 29, 2024
Everything about NFT classification that collectors need to know

Everything about NFT classification that collectors require to know

November 15, 2023

Don’t get these @y00tsNFT Up @MagicEdenthey are fake!

Basically, each single assortment is fake on Magiceden, a big exploit is occurring.

High-worth NFTs are struggling the most, as attackers pick out to exploit increased-worth NFTs very first. pic.twitter.com/35RYHOKVxd

— HGE.SOL 🔤🧙‍♂️ (@HGESOL) January 4, 2023

As of early this morning, January five, Magic Eden has acknowledged the problem on Twitter, soon after conducting verification updates for NFTs. According to the announcement, the problem impacted no additional than ten collections. The platform also advises consumers to update their browser.

Update: Update your browsers to be certain you only see verified assortment objects. We are monitoring the condition and will use this thread for updates.

We solved two issues:
one) fake NFTs listed on assortment pages
two) tx of fake NFTs in action listings

— Magic Eden 🪄 (@MagicEden) January 4, 2023

In the subsequent tweet, Magic Eden says they stopped 25 NFTs from tampering with four collections. The venture has explained it will spend compensation to these impacted. However, the genuine bring about and how a lot of victims had been harmed are nonetheless unclear.

Our assist report is a screenshot under.

We are continuing to keep track of the condition to see the influence past the final 24 hrs. Please make contact with us at https://t.co/CyteCOTQ2V if you have been impacted by this incident.

: https://t.co/l7eAJtyBDm pic.twitter.com/VIgUQMEAIL

— Magic Eden 🪄 (@MagicEden) January 4, 2023

A day in the past, the neighborhood triggered a stir when it found “offensive” photos on this platform. Magic Eden confirmed that the breach was triggered by the firm giving picture internet hosting solutions for the platform. The trouble has now been absolutely resolved.

In terms of transaction volume, Magic Eden is at present the greatest NFT industry in the Solana program and ranks 3rd general, just behind OpenSea and Blur. After additional than three months Expansion to Ethereum, this platform has set foot in Polygon considering that the finish of November, in purchase to get benefit of the emerging gaming industry right here. But past major milestones, Magic Eden is also ongoing experience “big waves” through the improvement stage.

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: EdenfactfakelistedmagicNFTs
Share76Tweet48

Related Posts

Bitcoin Market Analysis: RSI Reaches Oversold Levels

Bitcoin RSI Near Historic Lows Suggests Possible Rally

by shark
December 19, 2025
0

Analysis of Bitcoin's RSI reaching oversold levels and potential market impacts and forecasts.

Jito Foundation Announces U.S. Headquarters Move

Jito Foundation Announces U.S. Headquarters Move

by shark
December 19, 2025
0

The Jito Foundation shifts operations to the U.S., citing regulatory changes and clearer guidelines for digital assets.

U.S. Bitcoin ETFs See $457 Million Inflows

U.S. Bitcoin ETFs See $457 Million Inflows

by shark
December 19, 2025
0

U.S. spot Bitcoin ETFs recorded $457 million net inflows, significant market interest.

Bitcoin's Dormant $300B Reactivation Predicted by 2025

Bitcoin’s Dormant $300B Reactivation Predicted by 2025

by shark
December 18, 2025
0

Bitcoin reactivation in 2025 could change market dynamics with $300 billion influx.

Bitcoin Scam Myth Analyzed Through Prospect Theory

by shark
December 18, 2025
0

Examine how prospect theory explains Bitcoin investor panic and scam accusations.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Bitcoin RSI Near Historic Lows Suggests Possible Rally
  • Jito Foundation Announces U.S. Headquarters Move
  • U.S. Bitcoin ETFs See $457 Million Inflows
  • Bitcoin’s Dormant $300B Reactivation Predicted by 2025
  • Bitcoin Scam Myth Analyzed Through Prospect Theory
  • Bitcoin Faces Decline Post $90K Resistance Rejection
  • Binance US Plans 2025 Relaunch Amid Leadership Changes
  • X’s New Terms Allow Permanent Use of User Data
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7