Axie

Auto Added by WPeMatico

Ronin Network Faces New Security Scare Involving $9.33 Million

by

The Ronin blockchain, widely known for its association with the popular game Axie Infinity, is under scrutiny once again. According to PeckShield, Ronin is suspected of being hacked, with an estimated $9.33 million at risk. This comes in the wake of a major security breach in March 2022, where Axie Infinity’s sidechain, Ronin Network, suffered … Read more

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

by

After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed 62% higher against the U.S. dollar in the last 30 days. … Read more

Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards From Classic Game Mode

by

After recording more than $4 billion in all-time sales, Axie Infinity announced the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards have been added to the new Origin ranked gameplay mode. The team also introduced non-fungible token (NFT) runes and charms that can be minted on … Read more

Grayscale Report Sees Metaverse as Potential $1 Trillion Business Opportunity

by

Grayscale, a leading cryptocurrency asset manager, seems to have set its gaze on the metaverse as a business opportunity. Yesterday the company released a report where it examined the feasibility of this interconnected virtual world and how these economies can provide a profitable entry for investors, considering this area could grow to be a $1 … Read more