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Category Archives: Solana News

Magic Eden Adopts Optional Royalty, Crypto Daily TV 17/10/2022

In Todays Headline TV CryptoDaily News: NFT marketplace Magic Eden moves to optional Royalty model. Solana non-fungible token mainstay Magic Eden is moving to an optional royalty model, announced by the marketplace in a Twitter thread. The company says it will also be waiving its 2% platform fee. North Korean hacker group Lazarus targets Japanese[Read more…]

InvestAnswers Host on Why $SOL, $MATIC, and $FTM Are His Top Three Altcoin Picks

On Friday (October 14), James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, talked about why he the altcoins he is most bullish on are Solana ($SOL), Polygon ($MATIC), and Fantom ($FTM. Mullarney said: “The only two things that I’ve purchased this whole year, other than sell stuff, was Bitcoin and Solana,. That’s[Read more…]

Magic Eden: Will this controversial move be a hit or a miss? Assessing…

Magic Eden, the biggest NFT marketplace on Solana [SOL], with a monthly trading volume of over $87 million, announced its decision to implement an optional royalties structure on its platform. With this, buyers of NFTs on Magic Eden reserve the right to determine how much they wish to pay as royalties to the creators of these NFTs.   Some[Read more…]

Big Eyes Coin Raised More Than $7 Million In Presale Amid Hacks In Solana & BNB Smart Chain

The presale game for some crypto projects is going better than for the rest of the flock. While the whole market is going through a slump, one rising star attempts to save the industry with its cuteness and not your standard value proposition. Big Eyes Coin has indeed been doing great in the past couple[Read more…]

Mango Markets hack: Assessing the driving factor behind the “bold” settlement

Solana [SOL]-based DeFi platform Mango Markets approved a proposal that will let the hacker keep almost half of the $113 million he stole from the protocol earlier this week. In a twist of events…. …the Mango Markets DAO has voted overwhelmingly in favor of a counteroffer. This would enable the platform them to receive $66 million, and the hacker[Read more…]

Solana NFT platform Magic Eden opts for optional royalty payments

Magic Eden, the biggest NFT marketplace on Solana, said that users will now be able to decide how much they wish to pay as royalties to creators when purchasing items from the website. “The decision on how much royalties to pay will be passed to the buyer,” the company said on Friday, adding: “By default, ALL collections/listings[Read more…]

Mango Markets exploiter comes clean, claims all actions were legal

Avraham Eisenberg, the man behind the $114 million exploit on Mango Markets, has confirmed that he orchestrated the attack on the DeFi platform in a statement issued today. “I was involved with a team that operated a highly profitable trading strategy last week,” Eisenberg confirmed, adding, “I believe all of our actions were legal open market actions, using the[Read more…]

Top Crypto Analyst Warns Cardano Could Crash Further by Over 50%, Predicts What’s Next for Solana and Fantom

Closely followed crypto strategist Jason Pizzino is warning Cardano holders that ADA may witness an additional decline of over 50% even after this year’s deep correction. In a new strategy session, Pizzino tells his 276,000 YouTube subscribers that regardless of the smart contract platform’s fundamental growth over the past months, the charts tell him that ADA could ignite another[Read more…]

Solana Fails To Hold $30 Support, How Cheap Will Solana’s Price Be?

The price of Solana (SOL) has struggled recently to reclaim its bullish strength against tether (USDT) but was unable to as the price hit a new fresh rock. The crypto market faced a new drawback as Bitcoin (BTC) price dropped from a region of $19,000 to $18,100 as the Consumer Price Index (CPI) suggested an[Read more…]

This Could Fuel An Ethereum Rally Back To $1,700, Shorts Beware

Ethereum has almost made back the gains from previous weeks with yesterday’s upside move and could be gearing up for another push above resistance. The second cryptocurrency by market cap is following the general sentiment in the market and seeing some relief after the influence of macro forces lessened, for the time being.] At the[Read more…]