NFT marketplace Magic Eden announces layoffs amid Solana’s 85% price dip
Magic Eden has laid off 22 members of its staff as part of a wider company restructuring after Solana’s value dipped 85% following the November FTX blow-up.
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Scammers exploit NFT marketplace Magic Eden to sell fake NFTs
The exploit allowed the scammers to target popular collections like y00ts and ABC, making thousands of dollars; Magic Eden pledged to refund affected users.