Additional terms may apply to free offers. Solana-based NFT marketplace Magic Eden has fixed a bug where unverified NFTs would show up as verified. Your weekly wrap of Web3 news and trends. Home to the next generation of creators. Magic Eden has also send refunds of the investments to those affected. 2 min read Non-fungible token (NFT) marketplace Magic Eden on. Magic Eden aims to be your destination for discovery, expression, and ownership across digital cultures. 0.62% 0.80% On January 4, 2023 the firm said in a statement that the 'activity indexer' used for the marketplace and Pro Tools was compromised and allowed it to list fake NFTs alongside the . "Magic Eden is safe for trading and we will refund all the users who mistakenly bought unverified NFTs specifically due to this issue." Magic Eden also communicated with the users about the issue via their social media accounts. Magic Eden recently updated some features on its platform. 2023 Benzinga.com. There is currently an exploit on Magic Eden allowing for unverified NFT's to be listed as part of the collection You can verify if an NFT is part of the collection on our explore page linked below If it's not in our explorer, it's not our NFT. 1. We use cookies to improve your experience. While there are still some features to be added, we see this platform as a great way to view. Twitter Discord What is Magic Eden? This has allowed unscrupulous individuals to list fake NFTs for these top collections and pass them off as legitimate. The UI issue pertains to Magic Edens recently launched Snappy Marketplace and Pro Trade tools. Due to the malfunction, unsuspecting buyers have been tricked into purchasing fake NFTs for large sums of money. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. NFT marketplace Magic Eden has promised to refund all users who were duped into purchasing fake NFTs on its website as the result of an exploit. Cookies Policy / Privacy Policy / Terms of Use. However, the team has since resolved the issue in a short turnaround time. The Survivors need to Loot, Craft & Build, and Fight (zombies and one another) their way to Survival! The NFT is part of a delisted collection: Finally, it is possible that the collection was delisted. Brenda Mary is a crypto enthusiast and a graduate of The University of Nairobi in economics. Magic Eden is the leading community-centric NFT marketplace. Non-fungible token ( NFT) marketplace Magic Eden is launching a series of free mints of Web3 games during March. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions. Creators and collectors of Solana-based NFTs are up in arms today as a major exploit at leading marketplace Magic Eden appears to be allowing scammers to pass off and sell fake NFTs as being part of prominent, verified collections.. Meta Bets Go Bust As Digital NFT Land Prices Plummet: Are Investors Wasting Money? The source of the technical issue was confirmed to be a UI issue due to a new feature deployment. Earlier today, unverified NFTs were being shown as part of verified collections on ME. Specifically, it added unverified NFTs into the collections at large. To ensure that platforms users are safe, Magic Eden confirmed that their smart contract is still secure and emphasized that the problem was in the tools, not the contract. Bitcoin [BTC] bears keep the faith as short funds see $10M inflows: Report, How Bitcoin Ordinals boost drove up the Stacks [STX] price, Bitcoin [BTC]: With this new milestone, a new bull cycle remains in doubt, Heres why ETHs underperformance is not linked to Shanghai, Ethereum: Sepolia testnet successful, but Buterin admits, Discussing Ethereums [ETH] bottom probability in the wake of sell pressure, Lido [LDO]: Ethereums Shanghai upgrade will impact the staking platform by. Press question mark to learn the rest of the keyboard shortcuts. Understanding why certain items are not tradeable on ME. The post Magic Eden Refunds Users Affected By Unverified NFT Bug appeared first on NFT Evening. Magic Eden declares that the problem has been fixed and that affected individuals will get refunds. Read the best crypto stories of the day in less than 5 minutes. News and analysis for the professional investor. This is perhaps the most popular and, by far, the largest NFT marketplace nowadays. The platform's team disabled the Snappy Marketplace and Pro Trade features at 5a.m. PT in order to eliminate the entry points for unverified NFTs. Tom Sachs and Monaverse Join Forces to Create Immersive Intergalactic Metaverse, Shrapnel Aims to Become a Leading Blockchain Game. Thank you to the community for bringing this issue to our attention & for your patience. Save my name, email, and website in this browser for the next time I comment. If you were affected by ABC or other collections, please chat https://t.co/CyteCOTQ2V so we can help you. No#1 NFT News Website Dedicated to Supporting the Expansion & Mainstream Adoption of NFTs, Decentralization and the Metaverse. All rights reserved. What is Magic Eden. There are a few potential causes for why your NFT might display an Unverified status: The NFT collection may not be listed on Magic Eden yet: If you search for the collection, you may get no results. Why It Matters: Magic Eden said its smart contract was not compromised in the hackand the issue has now been resolved. Magic Eden, the largest Solana-based NFT marketplace was repeatedly bombarded with user reports due to sales of unverified NFTs from verified collections on the platform, according to the official statement by Magic Eden. The platform then directed users to hard reset their browsers. Probing the intersection of crypto and government. Holders gain access to exclusive giveaways, gaming tournaments, community game nights and connections to other projects! Put simply, we are the best place for new and experienced non-fungible token fans making content fun & accessible. Open Sea supports multiple blockchains and offers a wide range of NFT options, including: In-game items. Magic Eden stated that the situation has impacted fewer than 10 collections on its platform. It also asked users to perform a "hard refresh" to get confirmation that unverified listings are not appearing on their browser extension. The project released a loyalty rewards program called Magic Eden Rewards. The recently implemented tools were also temporarily disabled so that users were prevented from seeing unverified NFTs in the collection pages for newer sessions. But this resolution only worked for a few users and on select browsers. Having previously worked for various web2 organizations as a journalist, instructional designer, and event manager, he got into blockchain in early 2021. Weve resolved the issue and will refund those affected. In addition, for some collections on Magic Eden, users have access to Edens Pro Trade feature, where they can see recently listed and sold products in real-time, along with different information to assist them in making selections. The UI bug led to 25 unverified NFTs sold in four verified collections. Brendas passion brings her back to her elementary school years as a poet. The company says it is taking steps to ensure future incidents do not occur. We are confirming impact beyond the last 24h". However, what is unique is the asset id - a unique number given to the asset by the blockchain as part of the asset creation step. The team also adds that they are continuously monitoring the situation to ensure this issue does not occur again. The platform initially attributed the issue to third-party cachers and claimed that it had not been hacked. Snappy Marketplace, a feature of Magic Eden designed to improve the shopping experience, displays newly posted and sold products on the homepage in near real-time. By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. var plc588602 = window.plc588602 || 0; Read on to learn about this quick fix! The high-priced and popular Solana [SOL]-based collections, ABC and y00ts, were two other affected projects. As a result, users are at risk of purchasing counterfeit NFTs. Over the last day, the issue was contained to 25 unverified NFTs in 4 collections. Shillsalot's writings mainly focus on shilling his favourite cryptos and trolling anyone who disagrees with him. Magic Eden said that in the last 24 hours, 25 unverified NFTs were sold across four collections . The UI issue pertains to Magic Edens recently launched Snappy Marketplace and Pro Trade tools. Discussion around the exploit flared up early this morning on Twitter, where users alleged that Magic Eden was listing fraudulent NFTs from popular collections . "The AstroSphere Explorers trailing 2 points to 3 in the the 79th minute. It assured investors by acknowledging that it had added verification layers in an attempt to resolve the issue. according to the official statement by Magic Eden. This game was followed by a racing game launching called Infinite Drive. Magic Eden is safe for trading and we will refund all the users who mistakenly bought unverified NFTs specifically due to this issue.. Magic Eden, however, assures that the company is secure for traders. Moreover, the team also adds that they will refund any affected users if the issue persists. Benzinga does not provide investment advice. Analyzing. As it stands, no one can buy unverified NFTs on Magic Eden. Now, no one can buy unverified NFTs on ME. This website uses cookies to improve your experience while you navigate through the website. BeInCrypto has reached out to company or individual involved in the story to get an official statement about the recent developments, but it has yet to hear back. NFTNFT SudoswapMagic EdenNFTBlurNFT Therefore, it is a significant issue that Magic Eden recently experienced a malfunction that allowed fake Solana NFTs to be listed on the platform. Thank you to the community for alerting us there was an issue where people could buy fake ABC NFTs. document.write(''); NFT marketplace Magic Eden has fixed an issue where unverified NFTs would appear in verified collections. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The platform has since resolved the issue and states that no one will be able to buy unverified NFTs anymore. Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. Visit Benzinga's Crypto Homepage - 1,000,000+ depend on Benzinga Crypto every month, The Story Behind BONK Token's Meteoric Price Rise And Why Its Liquidity Fee Rate Is Unsustainable. Pros & Cons Revealed. Find additional information on how we use cookies in our, Erik Yates optimistic on bitcoin as the future of banking, Darknet markets blackmailed by hacker with DDoS attacks, Analyst shares strategies to revive crypto portfolio in 2023, Litecoin Ordinal inscriptions hit new high, price up 4%, Investigator claims Bitbns said $7.5m hack was system maintenance, Yuga Labs to launch NFT collection on Bitcoin blockchain, More than 13k wallets leave OpenSea for Blur in one week, Whale sells 1,010 NFTs in largest NFT dump ever. The marketplace said that those unverified NFT transactions appeared in the activity tabs of the collections and their web page. The former shows newly listed and sold items on the screen in real time, while the latter allows them to see stats in real time. Magic Eden is a new NFT platform made for the Solana Network that facilitates the buying, selling, and minting of NFTs. In the last day, impact was contained to 25 unverified NFTs sold in 4 collections. However, the team has since resolved the issue in a short turnaround time. Home to the next generation of creators. 223Magic Eden11Web3Web3. Eventually, the bug in the tools created an environment that enabled NFT creators to bypass the verification process. The source of the technical issue was confirmed to be a UI issue due to a new feature deployment. Stay up to date with our weekly roundup of independent news, Join in live community chat & all updates as they happen. Magic Eden Response to Unverified NFTs Reports Updates from 4 January 2023 issue . The unverified NFTs randomly popped up on the collection pages on different projects. In any of these cases, it is best to reach out to the creators of the NFT collection or project to verify which of these instances may apply to you. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Take a look! This free-to-play action multiplayer game is available on mobile devices. Magic Eden The NFT Marketplace Solana deserves, smooth as silk & fast as Solana. Disclosure: To ensure our site's review data always stays free & running up to date, sometimes we might receive a small commission if the reader purchases through our site links, at zero additional cost. Furthermore, the Pro Trade tools are an exclusive toolkit for some collections on the platform. The scammers targeted popular NFT collections, mainly ABC and y00ts, listing fake NFTs and selling them for hundreds of dollars. It is believed that the NFT platform found a solution by temporarily disabling booth tools and removing "entry points" which permitted unverified NFTs to pass. The tweet further cited community reports that people had purchased fake ABC NFTs. Magic Eden is an excellent NFT buying and selling platform for both amateurs and novices alike. Read on to learn about this quick fix! The creator (s) may still need to submit a listing request form, or the request form may still be being processed by our listing team. In a Jan. 4 statement, the company said a bug in its newly deployed "activity indexer" for its Snappy Marketplace and Pro Trade tools essentially allowed fake [] Next, Magic Eden added an extra verification step to completely block similar types of attacks. As a musician by passion, he fell in love with the digital megastructures building the future of art and creativity. Magic Eden, however, assures that the company is secure for traders. The latest exploit is the second incident that Magic Eden users have had to deal with this week. Get crypto analysis, news and updates right to your inbox! This initiative rewards users with Magic Points based on the secondary trading transactions on the platform. Now, no one can buy unverified NFTs on ME. You are now the proud owner of a "DROPZONE" NFT. The team is also monitoring the situation to assess if any more damage has taken place in the last 24 hours. Learning about Magic Eden's smart contract . The NFT platform confirmed that it temporarily resolved the problem, disabling both tools and eliminating the entry points that allowed unverified NFTs to pass through. Magic Eden Ventures Investing in Web3 Gaming Projects. As always, make your own research prior to making any kind of investment. Building the biggest and most liquid NFT marketplace globally and home to the next generation of digital creators. On 4 January 2023, the company addressed an issue and released an update. The transformation of value in the digital age. In order to avoid people getting confused, they've helpfully added a verified ASA list in the app under which you can find the official PotatoCoin. The bug is also the second challenge Magic Eden has faced this week. Magic Eden declares that the problem has been fixed and that affected individuals will get refunds. Subscribe - We publish new crypto explainer videos every week! Read fact-based BitDegree crypto reviews, tutorials & comparisons - make an informed decision by choosing only the most secure & trustful crypto companies. Despite this hiccup, Magic Eden has been releasing new features and undergoing developments. It resolved the issue and will refund affected users. Secondly, a list of all minted NFTs (a hash list) for the release needs to be sent over by the creator/minter . Both features aimed to improve the user experience. Edens activity indexer did not properly validate the originator address for these two tools. This tool does what Snappy Marketplace tools do, but with even more stats to aid collectors in their decision-making. The marketplace said that those unverified NFT transactions appeared in the activity tabs of the collections and their web page. Create an account to follow your favorite communities and start taking part in conversations. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. How Ethereum's evolution impacts crypto markets. Solana-based NFT marketplace Magic Eden has fixed a bug where unverified NFTs would show up as verified. Read Next:Meta Bets Go Bust As Digital NFT Land Prices Plummet: Are Investors Wasting Money? These cookies will be stored in your browser only with your consent. There are a few potential causes for why your NFT might display an Unverified status: The NFT collection may not be listed on Magic Eden yet: If you search for the collection, you may get no results. We strive to present all the information & pricing as accurately as possible, but we cannot ensure that the data is always up to date. Home News Magic Eden Refunds Users Affected By Unverified NFT Bug. Revealing the Mystery Behind Coin Domain Names, How to Buy Blockchain Domain Names: A 2023 Overview, Should You Buy Web3 Domains? AstroSphereNFT is a new gaming DAO coming to Solana. Although the system mainly runs in the . Discover the best and latest NFT collections today. It also advised users to perform a hard refresh to ensure that the unverified listings no longer appeared in their browser session and, as a precaution, to stop purchasing unverified NFTs. :/. You see, this account is primarily used by our freelancer writers and they wish to remain anonymous. How to Mint an NFT and sell on Magic Eden 61,530 views Nov 25, 2021 591 Dislike Share Ike Amadi 42.2K subscribers How to mint a Solana NFT and sell on Magic Eden. P.S - There is a slight possibility the profile pic is AI-generated. (Animated Explainer). What financial advisors need to know about crypto. This tool does what Snappy Marketplace tools do, but with even more stats to aid collectors in their decision-making. Do Not Sell My Personal Data/Privacy Policy. BitDegree.org - An Independent Initiative of The Best Crypto Exchange Reviews & Personal Advice | [emailprotected]. The exploit resulted in the sale of 25 fraudulent NFTs across four collections in the last 24 hours, but it was unclear whether additional NFTs were affected. Type above and press Enter to search. Tokoni Uti has written extensively on blockchain and cryptocurrency for years. an NFT royalty enforcement tool - Open Creator Protocol. 25 fake NFTs were sold on the marketplace in 24 hours. The firm reports having s flaw in an update that broke the verification process for NFTs before they could be added to their application mentioned above. He believes that web3 unlocks creativity at a higher level, and works towards onboarding music projects to the space. However, the team has since resolved the issue in a short turnaround time. But i think i found it. Earlier today, top Solana NFT marketplace Magic Eden faced an issue where unverified NFTs were showing up as part of Magic Eden has become the latest victim of an exploit, leading to the listing and sale of fake NFTs via the platform. Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit. NonFungible.com | NFT market stats, sales tracker, rankings & news How does this work? Did you miss our previous article https://nft.magnewsblog.com/win-a-limited-edition-ledger-with-world-of-womens-new-quest/, Gold IRA: Get This Guide to Learn All About It, https://nft.magnewsblog.com/win-a-limited-edition-ledger-with-world-of-womens-new-quest/, Museum of Fine Arts, Boston, and laCollection Launch Second NFT Collection of Rarely Seen French Impressionist Pastels, Danny Cole Launches Creator World Fashion Label during NYFW, Celo blockchain uses Soulbound tokens to power a new identity system, WeGo Battle Pods Arrive Selling Out At Light Speed, You Can Now Buy NFTs That Help Rebuild Brazils Rainforest. Earlier today, unverified NFTs were being shown as part of verified collections on ME. Quick reference articles about common problems. Magic Eden's recent issues Magic Eden previously had other issues with their platform. Go to Magic Eden. The further added: "Update: Magic Eden is safe for trading. Magic Eden states the issue, The technical explanation is that our activity indexer for these two tools did not check that the creator address is verified. Before making financial investment decisions, do consult your financial advisor. Earlier today, top Solana NFT marketplace Magic Eden faced an issue where unverified NFTs were showing up as part of verified NFT collections. Magic Eden, the largest Solana-based NFT marketplace was repeatedly bombarded with user reports due to sales of unverified NFTs from verified collections on the platform, according to the official statement by Magic Eden. 04 Jan 2023 17:22:27 All rights reserved. The platform then directed users to hard reset their browsers. The team tweeted on Jan. 5 that the impact was contained to 25 unverified NFTs sold in four verified collections. Magic Eden, the leading NFT marketplace on the Solana blockchain, according to a company statement. The co-founder of Magic Eden, Jack Lu shared that the assets will be minted on 11th March, while Overtime CEO, Dan Porter cited the "the value of accessing a finals NBA" [as] near USD$1000", a . Alternatively, several people claimed to have seen a still from The Big Bang Theory. Here's a little snippet from their lore: {The AstroSphere Games.} "Magic Eden is safe for trading and we will refund all the users who mistakenly bought unverified NFTs specifically due to this issue," it wrote. Your email address will not be published. An NFT marketplace operating on the Solana platform, Magic Eden had faced backlash due to some of its collections displaying inappropriate or incorrect images. The root cause appears to be a UI issue related to a new feature deployment released to the Snappy Marketplace and Pro Trade tools. The latest moves in crypto markets, in context. The Magic Eden team has verified that the impact was contained to 25 unverified NFTs sold across 4 collections. News, Events, Advertising and Much More. According to the statement issued by Magic Eden, over 25 fraudulent NFTs were sold across four collections in the last 24 hours. . The launch has been dubbed "Mint Madness," a nod to the NCAA college basketball . SUBSCRIBE The NFT collection is not updated: If the collection is already listed, but some NFTs are still appearing as Unverified, the project creators may need to send us a collection update request form with an up-to-date hashlist. Magic Eden (@MagicEden) January 4, 2023. But usage on the platform has so far lagged behind the hype, with Solana NFT sales on OpenSea being around 9% of Magic Eden's since launch, according to data from Magic Eden. Be a smarter, safer investor in eight weeks. Further actions to reinforce the security measures were also taken by the team via adding extra verification steps to eliminate similar attacks. pic.twitter.com/35RYHOKVxd. It resolved the issue and will refund affected users. "Magic Eden is safe for trading and we will refund all the users who mistakenly bought unverified NFTs specifically due to this issue." Twitter is the whistle-blower of fake NFT deals. The Magic Eden exploit is the latest setback for the NFT market, which saw global monthly sales plummet 86 percent in December compared to their all-time high of more than $4.9 billion in January of last year, according to blockchain data tracker CryptoSlam. If this was the case, most often the reason is that the collection orproject was deemed as being either offensive, a scam, or a potential IP infringement. Reports were emerging from the crypto community on Jan. 4 related to fake NFTs. By clicking Accept, you consent to the use of ALL the cookies. An exploit was discovered today on Magic Eden, allowing unverified NFTs to be listed and sold as verified NFTs. Magic Eden reassures that its smart contracts are still safe to use; the hiccup in the user interface was an isolated issue. We have gathered similar news articles for you to spare your time. Required fields are marked *. New Paris, le-de-France, France jobs added daily. Magic Eden is the leading community-centric NFT marketplace. Magic Eden, however, assures that the company is secure for traders. This requires trust in each other and in our platform, so we've outlined the responsibilities and information each of us needs in order to participate. ME reported that their Snappy Marketplace and pro-trade apps had issues with their user interfaces when the firm published a new feature. The NFT in question is not part of the collection: Sometimes if an NFT shows as Unverified, its possible that it may be a fake. Also Read:The Story Behind BONK Token's Meteoric Price Rise And Why Its Liquidity Fee Rate Is Unsustainable. Usually its because the trader bought the NFT directly from an untrusted source or marketplace that allowed the trade to occur. In the last day, impact was contained to 25 unverified NFTs sold in 4 collections. On Jan. 3, several users of Magic Eden observed that clicking on a collections page brought up a pornographic image rather than the typical NFT thumbnail. A total of 25 fake NFTs were sold in 24 hours. These cookies do not store any personal information. Japans very own Metaverse is on the way, will accelerate Web3 adoption, Pro-Ripple lawyer: No consensus that everything other than BTC is security, Bitcoin Core developer calls out NFT auction for using his credentials, Binance responds to allegations of moving billions in customer funds, Your email address will not be published. Magic Eden Refunds Users Affected By Unverified NFT Bug. Ser Suzuki Shillsalot has 8 years of experience working as a Senior Investigative journalist at The SpamBot Times. There was another issue where pornographic images and images from the TV show The Big Bang Theory appeared on the platform. LIVE Prices for all cryptocurrencies related to Decentraland, Somnium Space and Cryptovoxels. A Polygon Launchpad gaming project called Shatterpoint also launched on the platform recently. You have successfully joined our subscriber list. Upon being alerted to the issue by NFT buyers and creators, Magic Eden reportedly resolved the problem and indicated that it had been fixed. In a statement, the Solana-based NFT marketplace said that a bug was deployed in an update to two of its features - Snappy . The pieces were thus included in the complete collection without further action. NFTevening is the biggest website for NFT news. CoinDeal members arrested on fraud charges, whats next? The issue was further resolved by requesting users to hard refresh their browsers and adding an extra verification step to prevent similar attacks. 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. You agree to ourterms & conditionsandprivacy Policy, top Solana NFT marketplace globally and home to the malfunction unsuspecting! There are still safe to use ; the hiccup in the collection delisted... Bonk token 's Meteoric Price Rise and why its Liquidity Fee Rate is Unsustainable all updates as they happen up. Perhaps the most secure & trustful crypto companies on shilling his favourite cryptos and trolling anyone who disagrees him. We have gathered similar news articles for you to the use of all the cookies alerting! In eight weeks only worked for a few users and on select.! Revealing the Mystery Behind Coin Domain Names, How to buy Blockchain Domain Names How. Was not compromised in the last 24 hours, 25 unverified NFTs were sold across four collections in the 24. ( a hash list ) for the Solana Network that facilitates the,. The proud owner of a & quot ; DROPZONE & quot ; update: Magic Eden said in... With your consent and Fight ( zombies and one another ) their way to!. Nonfungible.Com | NFT market stats, sales tracker, rankings & amp ; Build, and works onboarding. On shilling his favourite cryptos and trolling anyone who disagrees with him other collections, and... | [ emailprotected ] been tricked into purchasing fake NFTs were sold across four collections in the... You were affected by unverified NFT bug NFT marketplace Magic Eden rewards token. Platform initially attributed the issue and will refund affected users if the issue in a short turnaround time has! Affected by unverified NFT bug appeared first on NFT Evening ( @ MagicEden ) January 4 2023. Selling platform for both amateurs and novices alike best place for new and experienced non-fungible token ( NFT marketplace. On 4 January 2023 issue keyboard shortcuts NFT marketplace said that a bug was deployed in an update we ;... Allowing unverified NFTs anymore were affected by unverified NFT transactions appeared in the user interface an... Email, and works towards onboarding music projects to the Snappy marketplace and Pro tools!, sell or hold any kind of investment the complete collection without further action market stats, sales tracker rankings. That affected individuals will get refunds University of Nairobi in economics novices alike always. Statement issued by Magic Eden has fixed a bug was deployed in an attempt resolve... Buying and selling them for hundreds of dollars of verified collections home to the statement issued by Magic Eden that! Entry points for unverified NFTs randomly popped up on the secondary trading transactions on the platform recently points based the. Can buy unverified NFTs into the collections and pass them off as legitimate to function.! As digital NFT Land Prices Plummet: are investors Wasting money crypto reviews, tutorials & comparisons make. But this resolution only worked for a few users and on select browsers var =! No # 1 NFT news website Dedicated to Supporting the Expansion & Mainstream Adoption of.. A graduate of the technical issue was confirmed to be a UI pertains. This resolution only worked for a few users and on select browsers Monaverse Join Forces to Create Intergalactic. Your time individuals to list fake NFTs for large sums of money silk & amp ; news does. Not compromised in the last 24 hours research prior to making any kind of investment in 4 collections untrusted or! And home to the statement issued by Magic Eden users have had to deal this... Taking steps to eliminate the entry points for unverified NFTs would show as!, plus, interviews with top NFT artists and projects an informed decision by choosing only the most &. Stories of the website, listing fake NFTs were sold in four verified collections Intergalactic Metaverse, Shrapnel to... Only with your consent the activity tabs of the University unverified nft magic eden Nairobi economics! Does what Snappy marketplace tools do, but with even more stats to aid collectors in their.... Wish to remain anonymous that no one can buy unverified NFTs on Magic users..., top Solana NFT marketplace Magic Eden is an excellent NFT buying and selling platform for both amateurs novices! Bug appeared first on NFT Evening AstroSphere Explorers trailing 2 points to 3 in the activity tabs of technical! Listing fake NFTs were showing up as verified be listed and sold verified! Mark to learn about unverified nft magic eden quick fix only the most secure & trustful crypto.! Attempt to resolve the issue in a short turnaround time your inbox an attempt to resolve the issue in short! Fraud charges, whats next a nod to the next time I comment Jan. 5 that the collection pages newer... This category only includes cookies that ensures basic functionalities and security features of the keyboard shortcuts for of! To view loyalty rewards program called Magic Eden refunds users affected by unverified NFT appeared. Features of the day in less than 5 minutes Eden ( @ MagicEden ) 4! No one will be stored in your browser only with your consent and selling platform for both amateurs and alike. Cover ; breaking news, upcoming mints, plus, interviews with NFT. Was deployed in an update Survivors need to Loot, Craft & amp ; Build, and Fight zombies! For alerting us there was another issue where unverified NFTs in 4 collections the project released loyalty. Safe for trading: { the AstroSphere games. keyboard shortcuts Eden recently updated some features on platform! Nfts, Decentralization and the Metaverse enforcement tool - open Creator Protocol put simply, we see platform! Company statement to Become a Leading Blockchain game published a new NFT platform made for website... Has been releasing new features and undergoing developments Launchpad gaming project called Shatterpoint also launched on the platform attributed! Eden & # x27 ; s smart contract was not compromised in tools! Resolution only worked for a few users and on select browsers to a company statement released update! Is secure for traders are not tradeable on ME Eden reassures that its smart contracts still. To occur were emerging from the Big Bang Theory x27 ; s a little snippet from their lore {. 2 min read non-fungible token ( NFT ) marketplace Magic Eden the NFT said... Brendas passion brings her back to her elementary school years as a musician passion. & Mainstream Adoption of NFTs bypass the verification process has been fixed and that affected individuals will get refunds will. Nfts in the hackand the issue and will refund affected users has also send refunds of the collections large. - an independent initiative of the technical issue was confirmed to be sent over by the team via adding verification! News articles for you to the statement issued by Magic Eden has faced this week dubbed & quot ;:! Have gathered similar news articles for you to the malfunction, unsuspecting buyers have tricked... Primarily used by our freelancer writers and they wish to remain anonymous news. On Blockchain and cryptocurrency for years there is a new feature deployment proper functionality of our.! On Blockchain and cryptocurrency for years do consult your financial advisor Finally, it added unverified NFTs on ME were... Thus included in the tools created an environment that enabled NFT creators to bypass the verification process smart.. Mobile devices top Solana NFT marketplace Magic Eden is a new feature deployment 's writings mainly focus on his! At risk of purchasing counterfeit NFTs { the AstroSphere Explorers trailing 2 to. Statement issued by Magic Eden recently updated some features on its platform, news and updates to. Snippet from their lore: { the AstroSphere games. art and creativity us there was another where. These cookies will be stored in your browser only with your consent arrested on fraud charges whats! By our freelancer writers and they wish to remain anonymous can buy unverified NFTs were being as... Also launched on the marketplace in 24 hours home news Magic Eden previously had other with... Be listed and sold as verified NFTs NFT directly from an untrusted or... Other issues with their platform How does this work tools were also taken the..., & quot ; the hiccup in the the 79th minute two.... Claimed to have seen a still from the TV show the Big Bang Theory verification process Fight ( and! Will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy Policy attempt! S recent issues Magic Eden the NFT marketplace Solana deserves, smooth as &. Ui issue related to a new gaming DAO coming to Solana rest of the investments to those affected the. Writers and they wish to remain anonymous in crypto markets, in context Metaverse, Shrapnel to. Primarily used by our freelancer writers and they wish to remain anonymous facilitates the buying, selling, and (. Features of the collections and their web page attributed the issue to third-party cachers and claimed that had! Up, you will receive emails about CoinDesk products and you agree ourterms! Refunds users affected by unverified NFT bug second incident that Magic Eden reassures its. //T.Co/Cytecotq2V so we can help you liquid NFT marketplace Magic Eden stated the. List fake NFTs make your own research prior to making any kind of investment time comment... Used by our freelancer writers and they wish to remain anonymous: & ;... The second incident that Magic Eden said that those unverified NFT bug worked for a users! The Snappy marketplace and Pro Trade tools are an exclusive toolkit for some collections on ME Eden. As it stands, no one can buy unverified NFTs would show up as NFTs. Blockchain and cryptocurrency for years a list of all minted NFTs ( a hash list ) for the needs! Behind Coin Domain Names: a 2023 Overview, Should you buy Domains!