Sky Mavis’s partnership lets Axie Infinity users borrow against game assets

Users of the popular play-to-earn game Axie Infinity can now stake their in-game assets to earn rewards.  Ronin Network, the firm building the Ronin blockchain that Axie is built on, partnered w...

NFT Coins Spring To Life As This High Risk Crypto Sector Faces Five Key Hurdles In 2023

A billboard that reads, “I hate NFTs!” is seen behind people sitting on the red steps in Times … [+] Square during the 4th annual NFT.NYC conference on June 20, 2022 in Manhattan. (P...

Bitcoin Price Holds $17k as Tech Stock Index Slips

Digital asset prices jumped to life Monday as bellwether crypto bitcoin found reprieve above $17,000, an area of contention that saw mild volatility oscillating around a key support line. Bitcoin jump...

Axie Infinity Shards price drops sharply ahead of early investor token unlock

The price of Axie Infinity Shards (AXS), the primary token of blockchain-based game Axie Infinity, has declined sharply ahead of a high-profile token unlocking. AXS had declined by more than 12.5% ove...

Crypto games are moving away from play-to-earn to build robust digital economies

Episode 92 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Sky Mavis Co-Founder and Growth Lead Jeff Zirlin. Listen below, and subscribe to The Scoop on Apple,...

Chainalysis and US law enforcement recover $30 million from Ronin exploit

Blockchain analytics firm Chainalysis and US law enforcement recovered $30 million in stolen crypto from the North Korea-linked hack on Ronin, the main blockchain for the web3 play-to-earn game Axie I...

Three Ways How Blockchain Technology Is Already Changing The Lives Of Thousands Of Workers In Emerging Countries

The rise of the internet made the world feel like a smaller place. Economic globalization allows companies to source talent in all parts of the world, giving billions of people the opportunity to part...

The State of Crypto Gaming

August 25, 2022, 9:54AM EDT • 11 min read Quick Take The market capitalization of the top 50 GameFi tokens declined by over 60% between January and August 2022, roughly equivalent to the decrease in t...

As GameFi Market Crashes, Blockchain Gamers Remain True Believers

Prices of blockchain gamer projects have tanked in recent days, but investors like the long term … [+] outlook for this segment of the cryptocurrency market. getty If there is one thing that can...

African Crypto Startup Raises $30 Million To Build A Web3 WeChat For The Continent

Jambo is hoping to build Africa’s first crypto super app getty In the past year, play-to-earn games like Axie Infinity have transformed the livelihoods of thousands of people, particularly in de...

Is This Another Crypto Investor Boondoggle Or What?

GameFi, yet another investable sector in the crypto universe. Is it for real? Yes. Yes, it is. getty Since the fall of the ICO market around 2017, and a roughly two-year pause in the crypto hype, the ...

Sky Mavis Launches $1 Million Bug Bounty Program After Crypto Heist

Aleksander Leonard Larsen, Co-Founder and COO of Sky Mavis software development studio, announced on Tuesday that it launched a $1 million bug bounty campaign aimed to improve the security of Axie Inf...

Another Crazy Crypto Market Whose Time Has Come

You will own make believe real estate, and you will be happy. getty We all heard about the guy who spent millions on make believe land in a blockchain video game called Axie Infinity. Who he will even...

New #1 On DeFi Hack Leaderboard -Axie Infinity’s Ethereum Sidechain Ronin Hit By $600 Million Exploit

The Block Crypto first reported that the Ronin Exploit is the largest DeFi exploit of all-time. theblockcrypto.com, https://www.theblockcrypto.com/post/139761/axie-infinitys-ethereum-sidechain-ronin-h...

How Animoca Brands Built A $5 Billion NFT Fortune

Yat Siu ©ABOSCH 2016 Yat Siu is managing director and executive chairman of Animoca Brands, a publicly traded company based in Australia that has become perhaps the most prolific investor in the non-f...

Does Blockchain Herald The Dawn Of A New Era For Gaming?

Future game gamefi and entertainment digital technology. getty Not so long ago, the videogame and cryptocurrency industries would have struck anyone as curious bedfellows. While the former was focused...