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Magic Eden Halts BRC-20 Trading Temporarily Amid Ordinals Expansion

Magic Eden Halts BRC-20 Trading Temporarily Amid Ordinals Expansion

Magic Eden temporarily suspended BRC-20 trading on October 22, 2023, to ensure user protection until certain BRC-20 regulations were agreed upon. Earlier in June, the platform had extended support for BRC-20 tokens, diving deeper into the Bitcoin ecosystem. Following the halt, trading resumed on July 13, 2023, with a promotional reduction in listing fees to 0.1% for new BRC-20 tokens for a month.

Magic Eden Dominates NFT Marketplaces with 37% Share in August 2024

Magic Eden Dominates NFT Marketplaces with 37% Share in August 2024

Magic Eden continues to lead NFT marketplaces with a 37% market share in August 2024, maintaining its top position for six consecutive months.

Mocaverse and Magic Eden to Launch MagicMoca NFT Platform, Adopts MOCA Coin

Mocaverse and Magic Eden to Launch MagicMoca NFT Platform, Adopts MOCA Coin

Mocaverse and Magic Eden announce MagicMoca NFT launchpad, adopting MOCA Coin for transactions, aimed at enhancing the NFT ecosystem.

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards

Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.

Magic Eden and Pudgy Penguins Forge Strategic NFT Marketplace Alliance

Magic Eden and Pudgy Penguins Forge Strategic NFT Marketplace Alliance

Magic Eden and Pudgy Penguins have partnered to improve the NFT ecosystem, leveraging Pudgy Penguins' marketplace optimization expertise and exploring innovative virtual world and game integrations.

Magic Eden (MAGIC) Launches Retroactive NFT Rewards for Ethereum Users

Magic Eden (MAGIC) Launches Retroactive NFT Rewards for Ethereum Users

Magic Eden introduces a cross-chain rewards program, offering Diamonds to Ethereum users for past activities.

Magic Eden Embraces Compressed Solana NFTs

Magic Eden Embraces Compressed Solana NFTs

Magic Eden has introduced cNFTs, a cost-effective form of NFTs exclusive to the Solana blockchain. These compressed NFTs allow creators to produce content on a larger scale without the high cost of traditional NFTs. Despite criticism, Magic Eden clarified that they didn't create cNFTs, but integrated support for them. Developers need to understand Merkle trees and use specialized tools for minted NFTs.

Magic Eden Launches Ethereum Marketplace in Alliance with Yuga Labs

Magic Eden Launches Ethereum Marketplace in Alliance with Yuga Labs

Magic Eden debuts its Ethereum marketplace, collaborating with Yuga Labs to uphold creator royalties in the evolving NFT landscape.

NFT Trading Platform Magic Eden Raises $130m at $1.6B Valuation

NFT Trading Platform Magic Eden Raises $130m at $1.6B Valuation

NFT marketplace Magic Eden has raised a new $130 million in a Series B funding round, increasing its valuation to $1.6 billion.

Former Coinbase Executive Joins Magic Eden as Head of Product

Former Coinbase Executive Joins Magic Eden as Head of Product

Former Coinbase executive, Linus Chung, joins Magic Eden as Head of Product. Chung will lead product development, enhance user experience, and drive growth.

Magic Eden Pulls $27m in Series A Funding Round

Magic Eden Pulls $27m in Series A Funding Round

Solana-based NFT marketplace Magic Eden has pulled the sum of $27 million in a Series A funding round.

Apple to Permit Developers to Host NFT-Based Apps on App Store

Apple to Permit Developers to Host NFT-Based Apps on App Store

American multinational tech giant Apple Inc is coming to terms and is billed to allow Web3.0 startups to sell their Non-Fungible Tokens (NFT) through its App Store.

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