Magic Eden Updates Verification System After Fake y00ts and ABC NFTs

Solana's top NFT marketplace Magic Eden updated its verification layers for NFT collections following a series of fake duped projects.

Magic Eden thanked the community for alerting it of fake ABC, or Abracadabra, NFTs, in a tweet on Wednesday, adding that affected parties should contact its help desk.

Earlier, Magic Eden blamed third-party cachers for NFT projects displaying wrong images, even adult content, for its collections and claimed it wasn't hacked.

As one Twitter user showed, supposedly fake ABC NFTs were being sold for 55 SOL, or $740.

(by MK Manoylov)

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