DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Security Cryptonews

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...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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 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’

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context