Magic Eden has launched Season 2 of its rewards program, offering users new ways to earn incentives for trading non-fungible tokens (NFTs), swapping tokens, and staking on the platform.

Crypto marketplace Magic Eden's Season 2 campaign launched on Thursday to reward users for engaging with its platform.

MOVE price has dropped 28% in the past week and is currently trading at just 4% above its all-time low amid an ongoing third-party investigation into suspicious market maker activity involving the token on Binance.

$MOVE token decreased more than 80% from its all-time high following its December launch. Movement Network addressed market manipulation concerns with a $38M buyback initiative. Despite the downturn, REX Shares and Osprey Funds filed for a $MOVE ETF, and ecosystem metrics showed $120M in TVL with growing DEX volume. The post $MOVE Token Tests New Lows as ETF Bets and Buyback Plan Offer Slim Relief appeared first on Cryptonews.

Movement Labs and the Movement Network Foundation have launched a formal internal investigation into market maker misconduct surrounding their native token, MOVE.

Movement co-founder Rushi Manche has reportedly taken a “temporary leave of absence” following market maker irregularities last month.

Magic Eden is setting its sights on becoming a comprehensive platform. The platform aims to support all types of digital assets.

Magic Eden, already a key player in the NFT universe, has announced the acquisition of Slingshot Finance, a well-known mobile trading application specializing in cross-chain exchanges. This step highlights Magic Eden's new ambitions in the world of fungible tokens and meme coin, positioning itself as a decentralized alternative to traditional crypto exchanges.

TL;DR Expanding Capabilities: Magic Eden acquires Slingshot to add seamless, fully on-chain trading to its NFT marketplace, moving beyond just NFTs. Simplified Cross-Chain Swaps: The integration aggregates liquidity from multiple DEXs, enabling quick and optimal token swaps across networks like Ethereum, Polygon, and more.

Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain trading experience, which currently requires users to navigate multiple wallets, manage gas fees, and find trusted bridges before purchasing tokens.

Magic Eden buys Slingshot trading app to expand beyond NFTs and challenge centralized exchanges with seamless cross-chain trading.

Magic Eden, the leading NFT marketplace, made a big shot on Wednesday by acquiring the decentralised trading app, Slingshot. The acquisition is aimed at moving Magic Eden beyond just NFTs and establish it as a major player in cross-chain trading too.

Magic Eden wants to broaden its offering beyond NFTs and streamline crypto trading across multiple blockchains.

Solana non-fungible token (NFT) marketplace Magic Eden has acquired crypto trading app Slingshot as part of a strategy to expand beyond NFTs as other marketplaces fold amid a prolonged market downturn.The move expands Magic Eden's support to more than 8 million tokens across almost every major blockchain, the firm said in an April 9 X post. “No bridges.

Magic Eden has acquired Slingshot, a cross-chain crypto trading app that allows users to swap any token on any chain using a single USDC balance. According to an Apr.

Magic Eden is acquiring crypto trading app Slingshot to expand beyond NFTs and challenge centralized exchanges (CEX) with a fully on-chain trading experience, according to an April 9 press release. The acquisition marks a shift for Magic Eden, which built its name as a leading digital asset and NFT marketplace.

Binance plans to launch the reward-bearing margin asset LDUSDT for its futures platform and the former Ethereum developer Virgil Griffith gets out of prison on parole.

The Slingshot acquisition will enable Magic Eden to move away from being an NFT and digital asset platform and become an "all-encompassing trading platform," it says. The post Magic Eden Acquires Slingshot, Steps Away From NFT Focus appeared first on Cryptonews.

NFT marketplace Magic Eden is acquiring trading app Slingshot.

Major NFT marketplace Magic Eden is acquiring mobile trading app Slingshot Finance in an embrace of fungible token trading.

The move signals Magic Eden's push beyond NFTs and into broader token trading — aiming to compete directly with centralized exchanges.

While the crypto market started the week on a bearish note, upcoming developments may signal a potential turnaround. Several altcoins have key external factors supporting their price movement, offering investors opportunities for growth.

Movement Network (MOVE) has been gaining attention after announcing a $38 million buyback in response to improper activity by a Binance market maker. Despite the corrective phase that followed its sharp price spike, MOVE is still up over 13% in the last seven days.

Movement (MOVE) has surged by 16% in the past 24 hours, with its rise to $0.527 coming after the Movement Network Foundation announced a $38 million buyback of MOVE tokens. The post Movement (MOVE) Defies Binance Fallout with $38 Million Buyback – Can it Overtake Solana? appeared first on Cryptonews.

MOVE rallied 18% after Movement Network announced a $38M buyback plan, using funds recovered from its market maker through Binance.

MOVE soared to a 2-month high as it parted ways with a malicious market maker, which triggered a renewed interest among whales. According to data from crypto.news, Movement (MOVE) surged 32% to an intraday high of $0.

The market is reacting positively to Movement's pledge to do a $38 million token buyback to create a Movement Strategic Reserve.

Movement Foundation has cut ties with the market maker and will use the recovered $38 million to buy back MOVE over the next few months.

Movement, a new kid on the block with a market cap of $1.3 billion launched just this December, has landed on some hot waters after a Binance investigation regarding a market maker.

TL;DR Movement Network has announced a $38 million buyback of MOVE tokens after uncovering improper activity by a market maker operating on Binance. The buyback program, financed with recovered USDT, will run over the next three months as a strategy to restore market confidence.

Cryptocurrency exchange Binance has issued an announcement regarding the penalization of a market maker for the Movement (MOVE) project.

Binance offboards a market maker linked to Movement's MOVE token after $38M profit from irregular trading, freezing proceeds for user compensation and enforcing strict market integrity measures. The post Binance Ends Market-Making for Movement (MOVE) Project appeared first on Cryptonews.

Binance has removed the market maker responsible for earning $38M from aggressively selling Movement (MOVE). The Movement project has also ended its partnership with the market maker.

The organization behind the Movement Network said it will use $38 million recovered from a market maker to buy back MOVE tokens over the next three months.On March 24, the Movement Network Foundation said it recovered about $38 million in assets from a market maker tasked with providing liquidity on buy and sell orders for the Movement (MOVE) token on Binance. Binance offboarded the market maker due to “market irregularities.

Following an alleged breach of contract by a market maker, Movement Network has initiated a $38 million buyback program for its MOVE token. In a Mar.

Magic Eden has unveiled a new quest enabling participants to qualify for the upcoming $PAWS airdrop.

Story Highlights The MOVE price today is . MOVE price could shoot to a maximum of $1.1498 in 2025. The Movement token price is expected to reach a maximum of $12.0567 by 2030.

Magic Eden saw an explosive but short-lived surge in Ordinals trading, with daily volume averaging nearly $50 million driven by the Idiots NFT mint.

Crypto whales have been accumulating Optimism (OP), Movement (MOVE), and Onyxcoin (XCN), signaling potential opportunities despite recent market corrections. Based on the accumulation pattern, these three tokens could potentially be considered the best crypto to buy now.

Rex Shares and Osprey Funds have submitted a request to list an ETF based on MOVE, the native token of the Movement network, a new Layer 2 of Ethereum.

A bearish reversal at the nearby resistance zone appeared more likely due to price structure and lack of buying pressure.

While almost the entire crypto market is currently struggling & trading in red Movement Network (Move) token has managed to rise nearly 12% in the past 24 hours. This sudden rally comes as the Movement Network Foundation launched its Movement Public Mainnet Beta, raising investor confidence.

MOVE token gained 5% following ETF filings and the Movement Foundation's mainnet beta launch.

Investment managers Rex Shares and Osprey Funds have submitted an application to launch an exchange-traded fund (ETF) based on Movement, the Ethereum Layer 2 network token. The filing makes it the first ETF associated with the recently decentralized blockchain.

Asset manager REX-Osprey is seeking to launch an exchange-traded fund (ETF) designed to hold the Movement Network's native token, MOVE, according to a March 10 announcement. The filing comes as Movement, a layer-2 (L2) blockchain network, launches its public mainnet beta, Movement said.

Despite the wider crypto market decline, Movement Network's MOVE has surged over 6% today and 14% in a week.

The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.

Rex Shares and Osprey Funds have filed an application to list an exchange-traded fund (ETF) tracking MOVE, the native token of the Ethereum Layer 2 network Movement. The filing comes as Movement prepares for a beta release of its mainnet.