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Which Token Will Bring More Attention To NFTs? Gnox or Axie Infinity?


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, NFT and Other Projects Fall Victims of a Phishing Attack


  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


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


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?


  __________ 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


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...

Report: Two South Koreans Paid in Bitcoin to Spy for North Korea


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


  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...

Redesigned Axie Infinity's Ronin Bridge Delayed till Late May


  The Ronin bridge is being redesigned after a major hack last month, with the opening of the new bridge delayed till late May. The delay is necessary since the bridge will be built to secure “billions of dollars in assets,” a new update from the team behind the bridge has said.... Read More:...

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