Magic Eden CEO Jack Lu shared his vision for the platform, enabling users to trade all on-chain assets in one app by year-end, similar to Binance or Coinbase. Magic Eden will support 10 chains, offering NFT trading, Solana token trading, rune trading, and cross-chain swaps. The ME token will drive growth, with a commitment to lock team tokens for at least 18 months post-TGE. Long-term users will also be rewarded through ME integration 👀 https://x.com/0xLeoInRio/status/1848469552302330372
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A British man is suing Newport City Council for £495 million ($647 million) after accidentally discarding a hard drive containing 8,000 Bitcoins in a landfill 👀 The council has repeatedly refused his requests to excavate the site to retrieve the drive. https://cointelegraph.com/news/british-man-sues-council-640m-lost-bitcoin-landfill
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The Dutch Authority for Financial Markets (AFM) warns investors about crypto "pump-and-dump" schemes, noting the upcoming December 30th implementation of the Markets in Crypto-Assets (MiCA) regulation 👀 MiCA aims to increase transparency and combat market manipulation. While the AFM plans stricter enforcement, concerns exist that MiCA might drive crypto businesses to the Middle East, increasing centralization. https://cointelegraph.com/news/afm-crypto-pump-and-dump-warning-micar-regulation
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