Magic Eden hosting service compromised: Nifty Newsletter, Dec 28–Jan 3

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In this week’s newsletter, work astir however nonfungible tokens (NFTs) successful the Magic Eden marketplace showed “unsavory images.” Read astir Final Fantasy developer Square Enix’s assertive investments successful blockchain gaming and however play-to-earn (P2E) volition modulation from the maturation signifier to maturation. In different news, cheque retired metaverse developments passim 2022. And don’t hide this week’s Nifty News featuring Solana NFTs’ surge successful trading volume. 

‘WTH did I conscionable witness?’ Magic Eden shows porn aft hosting work hacked

Solana-based NFT marketplace Magic Eden had precocious assured its users that their NFTs are harmless aft pornographic images were spotted successful its trading level connected Jan. 3. The marketplace told its users that it wasn’t hacked. Instead, the third-party work supplier hosting images wrong the level was “compromised.”

Tweets posted by Magic Eden users pointed to the level that sometimes, pornographic images were loaded connected a collection’s leafage alternatively of the NFT thumbnails. Other users reported seeing images from the tv bid The Big Bang Theory alternatively of the close NFT images.

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Final Fantasy creator reveals ‘aggressive investment’ successful blockchain games

Square Enix, the creators of the fashionable Final Fantasy crippled series, said that blockchain games would beryllium 1 of its large strategies going forward. In a missive recapping the company’s milestones successful 2022, the firm’s president, Yosuke Matsuda, explained that its plans for 2023 included blockchain games.

According to Matsuda, his squad volition beryllium focusing connected blockchain entertainment. Matsuda besides noted that, astatine first, caller technologies tin confuse radical but would yet go a mean portion of people’s lives.

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Crypto Unicorns founder: P2E gaming is successful a agelong ‘maturation phase’

In Cointelegraph’s NFT Steez podcast, Crypto Unicorns laminitis Aron Beierschmitt highlighted that P2E gaming is inactive transitioning from the maturation to the maturation phase.

Beierschmitt told Cointelegraph that Web3 participants person shown that games request to beryllium much amusive and little astir finance. The enforcement besides highlighted that the alteration from P2E to play-and-earn suggests that these games inactive request to beryllium figured out.

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An overview of the metaverse successful 2022

While Metaverse adoption slowed down successful 2022, investors stay funny successful its development. According to a study by consulting steadfast McKinsey, the archetypal fractional of 2022 saw implicit $120 cardinal invested successful the space.

Throughout 2022, determination were important partnerships wrong the space, with assorted firms embracing caller technologies contempt being against decentralization.

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Nifty News: Solana NFT trading volume, Nike RTFKT COO hacked, and more

Solana-based NFTs witnessed a surge successful trading volume, according to NFT information tract CryptoSlam. The blockchain showed much than 800,000 transactions successful the past 30 days. Meanwhile, the wallet code of RTFKT’s main operating serviceman got hacked done a phishing scam.

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Check retired Cointelegraph’s NFT Steez podcast

Thanks for speechmaking this digest of the week’s astir notable developments successful the NFT space. Come again adjacent Wednesday for much reports and insights into this actively evolving space.

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