Abracadabra.money declared emergency measures after its MIM stablecoin fell roughly 50% below its $1 peg, triggering interest rate hikes across all Cauldrons, a halt...
Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1...
Digital assets have moved well beyond the hype cycle. What began as an experiment in decentralized value transfer has evolved into a serious conversation...
Magic Eden is narrowing its focus to the Solana blockchain and its Dicey gambling platform while sunsetting various Bitcoin and Ethereum services. CEO Jack...
In brief
Magic Eden’s multi-chain approach is coming to an end.
The NFT marketplace will stop supporting assets tied to Bitcoin and Ethereum.
The company is leaning...
The former NFT marketplace said it will allocate revenue to the ME ecosystem, including USDC rewards paid out to stakers.On-chain trading platform Magic Eden,...
