Nifty Newsletter, Dec 28–Jan 3

In this week’s newsletter, read about how nonfungible tokens (NFTs) in the Magic Eden marketplace showed “unsavory images.” Read about Final Fantasy developer Square Enix’s aggressive investments in blockchain gaming and how play-to-earn (P2E) will transition from the growth phase to maturation. In other news, check out metaverse developments throughout 2022. And don’t forget this week’s Nifty News featuring Solana NFTs’ surge in trading volume. 

‘WTH did I just witness?’ Magic Eden shows porn after hosting service hacked

Solana-based NFT marketplace Magic Eden had recently assured its users that their NFTs are safe after pornographic images were spotted in its trading platform on Jan. 3. The marketplace told its users that it wasn’t hacked. Instead, the third-party service provider hosting images within the platform was “compromised.”

Tweets posted by Magic Eden users pointed to the platform that sometimes, pornographic images were loaded on a collection’s page instead of the NFT thumbnails. Other users reported seeing images from the television series The Big Bang Theory instead of the correct NFT images.

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Final Fantasy creator reveals ‘aggressive investment’ in blockchain games

Square Enix, the creators of the popular Final Fantasy game series, said that blockchain games would be one of its major strategies going forward. In a letter recapping the company’s milestones in 2022, the firm’s president, Yosuke Matsuda,…

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