Some users suspect the hack could be related to transactions on Magic Eden’s Solana-based non-fungible token (NFT) marketplace, though the source of the exploit has yet to be confirmed. Magic Eden did not respond to CoinDesk’s request for comment, but tweeted a warning for users to revoke permissions from their wallet to avoid being attacked.
Bitcoin’s (BTC) Recent Weakness Has Not Been Isolated to Crypto Markets, Coinbase Says
“The average weekday spot volume on CEXs during 1Q24 was $18.8 billion, more than eight-fold the $2.3 billion daily volume...