CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2024-05-20 05:55:53

Magic Eden Redirects UTXOs to Coinbase

The post Magic Eden Redirects UTXOs to Coinbase appeared first on Coinpedia Fintech News Deezy founder Danny revealed on X that Magic Eden, Bitcoin’s largest NFT marketplace, is exploiting Coinbase by processing small transaction outputs. Magic Eden directs these tiny outputs, like 1000-2000 sats, to their Coinbase account instead of their own address. As a result, Coinbase combines these outputs and covers the associated fees, unaware of the exploitation. …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.