Tag: market dominance

Magic Eden Acquires Slingshot, Eyes Crypto Trading Dominance

Magic Eden Acquires Slingshot, Eyes Crypto Trading Dominance

Magic Eden, the largest non-fungible token (NFT) marketplace by volume, has acquired Slingshot, it said Thursday. This ambitious move is a strong signal of Bitfinex’s intent to compete head-to-head with centralized exchanges. The acquisition brings in an experience-first approach for users to buy and sell crypto seamlessly across the web3....