Daily Archives: 22/06/2022

NFT-platform Magic Eden attracted investments for $130 million

Magic Eden, a non-fungible token buying and selling platform that handles 90% of the NFTs on the Solana network, has received a market valuation of $1.6 billion. The company announced that it has raised $130 million in a new funding round. The marketplace plans to expand beyond the Solana ecosystem. The investment round was led by Greylock and Electric Capital. In total, now founded quite recently, in September, Magic Eden is already valued at $1.6…

The US Securities and Exchange Commission launched an investigation into the collapse of Terra

Amid the Terraform Labs crisis and the Mirror Protocol judicial investigation, the American regulator decided to study the history of the LUNA emission in more detail. The US Securities and Exchange Commission (SEC) has officially requested information from Terraform Labs. The legal controversy between the Terra ecosystem and the SEC began in September 2021, when Terraform Labs CEO Do Kwon was served with a subpoena at the Messari Mainnet conference. The commission invited the head…