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Axie Infinity's Ronin Bridge to Re-Open After Hack, Locked Funds to Be Returned
24.6.2022
Ronin (RON), Ethereum (ETH) sidechain built specifically for the play-to-earn game Axie Infinity (AXS), will soon re-open a bridge used to transfer assets to the chain after it was halted following a major hacking incident in March this year.
According to a tweet from Ronin on Thursday,...
Parody Coin (PARO) & Axie Infinity (AXS) Are the Future Of NFTs
22.6.2022
One of the central critiques of crypto is that it consumes vast amounts of energy to process millions of transactions per second. People tend to condemn crypto mining processes without realizing what it is, lacking the necessary understanding. The New York Lawmakers attempted to impose a two-year...
Blockchain Games See a Drop in Users and Volume After Strong Performance in May
22.6.2022
Blockchain games have seen a drop in the number of users and trading volume over the past 30 days after delivering strong results in May.
The top three blockchain-based games in terms of users, Alien Worlds, Axie Infinity, and Splinterlands, have seen a 12%, 37%, and 9% drop, respectively,...
Axie Infinity: AXS price risks deeper losses despite 90% drawdown already
11.6.2022
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead
Which Token Will Bring More Attention To NFTs? Gnox or Axie Infinity?
4.6.2022
The year 2021 saw explosive growth of a new crypto asset that has been in the making for years. It all started with a $6.6 million bid for a 10-second video clip by an artist, Beeple. And what did the buyer get in exchange for those millions? A non-fungible token was attesting to the ownership...
Axie Infinity V-shape recovery fizzles as AXS price drops 20% from three-week high
1.6.2022
Strong correlation with Bitcoin and traditional markets continue to pull Axie Infinity price lower
Biggest Movers: WAVES Nearly 60% Higher, as AXS Surges Close to 25% in Today’s Session
31.5.2022
WAVES prices surged by almost 60% on Tuesday, leading gainers in crypto markets during today’s session. This move took prices to a 20-day high, and came as AXS also rallied, climbing by over 25% earlier in the day. WAVES WAVES was one of Tuesday’s biggest gainers, as prices rose...
Amid P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity
31.5.2022
Out of 2,000 applications submitted for the Axie Infinity Builders Program, only 12 projects were selected
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month
19.5.2022
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during...
Axie Infinity's Discord bot compromised, hackers issue fake minting message
18.5.2022
The developers have managed to delete the fake message and remove the MEE6 bot from the main server
Axie Infinity, NFT and Other Projects Fall Victims of a Phishing Attack
18.5.2022
Messaging platform Discord servers of multiple large NFT collections and crypto projects, including play-to-earn game Axie Infinity, have been compromised, with attackers publishing phishing links that appear to be NFT mints.
Some other affected projects include popular NFT collections...
Crypto Pokémon Clone’s Currency Plunges To Less Than A Penny
13.5.2022
Crypto markets are bottoming out and nothing’s immune, not even the potions critters use to breed in the Pokémon-style collectathon Axie Infinity. Called Smooth Love Potions, the currency has been trending down for some time now as players flood the market with it. For the first time in...
Biggest Movers: AXS Jumps Over 20%, as MATIC Falls to 13-Month Low
12.5.2022
Despite the majority of tokens trading in red on Thursday, AXS was up by over 20% in today’s session. While LUNA dropped below $0.01 earlier today, MATIC was another notable crypto to fall, dropping to its lowest point since last April. Axie Infinity (AXS) AXS was one of the biggest gainers...
Just How Sustainable Are Play-to-Earn Gaming Pyramids?
8.5.2022
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The play-to-earn (P2E) GameFi sector was one of crypto’s biggest success stories in 2021, with Axie Infinity alone accounting for USD 3.5bn in NFT sales last year. This is in addition to the increasingly high market capitalizations of a growing number of play-to-earn tokens, with...
US Treasury Sanctions First Crypto Mixer
8.5.2022
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer. The mixing service was used by Lazarus Group to process illicit proceeds from the $620 million crypto heist of the online game Axie Infinity, said the Treasury...
Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack
6.5.2022
The crypto mixer is said to have processed $20.5 million out of the $620 million taken by North Korean Lazarus Group hackers
GameFi News: Tilting Point partners with Polygon Studios, and LootRush raises $12M
6.5.2022
Catch up on the latest funding and partnership news about GameFi and Web3 gaming. This week Cointelegraph covers LootRush, Axie Infinity and Polygon Studios
Biggest Movers: ETC Climbs to 1-Week High, as AXS Moves Away From 10-Month Low
5.5.2022
During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave. AXS also rose today, climbing by over 12% in the day, however, a bearish wave pushed prices lower as the day progressed. Ethereum Classic (ETC) ETC climbed to...
Report: Two South Koreans Paid in Bitcoin to Spy for North Korea
4.5.2022
South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individuals were allegedly paid bitcoins worth a total...
Axie Infinity’s Post-Hack Metrics Beckon Optimism, Not Despair
29.4.2022
Daniel C. Park is the data journalist at Covalent, a blockchain data specialist. ______
The theft of USD 625m from Ronin unfazed Axie Infinity players’ bullish feelings, a remarkable tale and test of brand loyalty that validates Sky Mavis’ USD 3bn valuation.
The cascade of SLP and...