The post Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs appeared on BitcoinEthereumNews.com. Key Takeaways Magic Eden will broaden its $ME token buyback program in 2026. Revenues from Swaps, Lucky Buy, and Packs will fund buybacks of $ME tokens and NFTs. Magic Eden, an NFT marketplace platform, will expand its $ME token buyback program in 2026 to include revenue from three key products: Swaps, Lucky Buy, and Packs. The expansion will direct revenue from these entertainment-focused features toward on-chain buybacks of $ME tokens and NFTs. Swaps enables users to exchange digital assets within the Magic Eden ecosystem, while Lucky Buy offers a gamified purchasing mechanism where users acquire NFTs through randomized processes. Packs provides a pack-ripping experience that allows users to open virtual packs for NFTs and other digital items, emphasizing gaming elements in crypto trading. The initiative aims to strengthen the $ME token economy by aligning community incentives with product revenues. Magic Eden positions the expansion as part of its strategy to build a fun-oriented crypto ecosystem that integrates trading, gaming, and entertainment features to enhance user engagement and foster long-term growth in crypto culture. Source: https://cryptobriefing.com/magic-eden-me-token-buyback-expansion-2026/The post Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs appeared on BitcoinEthereumNews.com. Key Takeaways Magic Eden will broaden its $ME token buyback program in 2026. Revenues from Swaps, Lucky Buy, and Packs will fund buybacks of $ME tokens and NFTs. Magic Eden, an NFT marketplace platform, will expand its $ME token buyback program in 2026 to include revenue from three key products: Swaps, Lucky Buy, and Packs. The expansion will direct revenue from these entertainment-focused features toward on-chain buybacks of $ME tokens and NFTs. Swaps enables users to exchange digital assets within the Magic Eden ecosystem, while Lucky Buy offers a gamified purchasing mechanism where users acquire NFTs through randomized processes. Packs provides a pack-ripping experience that allows users to open virtual packs for NFTs and other digital items, emphasizing gaming elements in crypto trading. The initiative aims to strengthen the $ME token economy by aligning community incentives with product revenues. Magic Eden positions the expansion as part of its strategy to build a fun-oriented crypto ecosystem that integrates trading, gaming, and entertainment features to enhance user engagement and foster long-term growth in crypto culture. Source: https://cryptobriefing.com/magic-eden-me-token-buyback-expansion-2026/

                                                                               Crypto venture funding was weak in November, with only a few major raises driving totals, as overall deal activity reached one of its lowest points this year.                     Venture capital funding in the cryptocurrency sector remained muted in November, continuing a broader slowdown that has persisted through late 2025. Deal activity was once again concentrated in a small number of large raises by established companies.As Cointelegraph previously reported, the third quarter saw a similar pattern: total funding climbed to $4.65 billion, according to Galaxy Digital, but deal counts lagged as capital flowed primarily to bigger, more mature firms.November reflected the same divergence. Figures from RootData showed only 57 disclosed crypto funding rounds during the month — one of the weakest tallies of the year — despite headline-grabbing raises such as Revolut’s $1 billion round and Kraken’s $800 million raise ahead of its anticipated initial public offering.Read more