NFT Marketplace Magic Eden Pledges to Refund Users Who Were Sold Fake NFTs in ‘Massive Exploit’
Non-fungible token (NFT) marketplace Magic Eden said that it would refund all users affected by an exploit that involved the sale of fake NFTs that were passed off as being part of verified collections. On the morning of...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
On the morning of January 4 (PT time), the marketplace team saw "a handful" of reports saying that users were being shown unverified NFTs as part of verified collections on Magic Eden, said the announcement....
Read More: NFT Marketplace Magic Eden Pledges to Refund Users Who Were Sold Fake NFTs in ‘Massive Exploit’
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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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