The play-to-earn gaming model has a significant problem, as demonstrated by Sky Mavis’ NFT-based video game Axie Infinity. Axie infinity had the ideal crypto dueling game for esports a few months ago...
Tag: Infinitys
Axie Infinity’s AXS Skyrockets 20% After This Development
Ronin Network on Friday said it is restarting the Ronin bridge on June 28 and plans to reimburse users for the lost funds during the $620 million Ronin hack. Ronin has successfully passed the external...
Axie Infinity’s Ronin Network to Reopen Bridge Months After $625M Hack
Ronin Network, the Ethereum-based sidechain created by Axie Infinity developers, has announced that it will reopen its bridge to aid users with the ease of moving their assets across the Ethereum netw...
Axie Infinity’s Tokenomics Invites criticisms of major Publications
Axie Infinity’s Tokenomics are hyperinflationary, and the publications aren’t happy about it. In this article, we cover the story of one gamer that realized it too late and Axie’s continued tendency t...
Could have made more money working at McDonald’s: Bloomberg Crypto criticized Axie Infinity’s directors
Mr. Brustein spoke with one of the players who bought into their idea of play-to-earn and lost five figures. The narrative of Alejo Lopez de Armentia, an Argentinian emigrant who began playing Axie In...
Axie Infinity’s V2 struggles to keep players interested but here’s the catch
As general interest in the play-to-earn gaming industry continues to wane, leading blockchain gaming platform, Axie Infinity too struggles to keep its players interested. The recent data showed that t...
Axie Infinity’s AXS Token Rallies 19% Amid Builders Program Launch
Axie Infinity Shards (AXS), the governance token powering the popular play-to-earn blockchain game Axie Infinity, has soared more than 19% in the past 24 hours to become the best performing asset amon...
Axie Infinity’s ‘Origin’ and 36.5% rally had these impacts on its derivatives
After weeks of tormenting bearishness, the crypto market breathed a sigh of relief as most of the cryptocurrencies noted significant recovery. Likewise, the fourth-biggest gaming token Axie Infinity a...
Hackers Exploit Axie Infinity’s Mee6 Bot, Sending Falsified Announcements – crypto.news
According to a recent report, the MEE6 bot on Axie Infinity’s Main server was hacked on Wednesday. The hackers utilized the MEE6 bot to grant access to a fake Jiho account and make phony mint announc...
Fear stronger than greed: The reason behind Axie Infinity’s [AXS] weakness
Axie Infinity was the victim of the biggest hack in the history of crypto when it lost over $600 million, and today, it became witness to another attack after its Discord server’s MEE6 bot was comprom...
Axie Infinity’s Discord bot affected in a recent hack attack
Axie Infinity, a major play-to-earn blockchain game, posted a Tweet to alert gamers to a fresh hacking attempt involving its discord bot Mee6. The firm also stated that hackers used their discord bot ...
Axie Infinity’s Ronin bridge hacker on the move again, cashes in another 3k ETH
It’s been a while since the crypto community witnessed the unfortunate Ronin Network hack on 29 March. The blockchain underlying the popular crypto game Axie Infinity lost 173,600 Ethereum (ETH) and 2...
Axie Infinity’s SLP Currency Value Now Almost Zero
Crypto markets are crashing and it seems every other digital asset has been in the red for the longest time – including Axie Infinity’s Smooth Love Potions (SLP) which is now at a sob figure of zero. ...
U.S. Sanctions Crypto Mixer Blender.io for Aiding Axie Infinity’s Hackers
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has added cryptocurrency mixing platform Blender.io to its sanction list, according to a Friday statement. U...
Binance Recovers $5.8 Million From Axie Infinity’s Stolen Funds
Leading cryptocurrency exchange Binance said it has recovered $5.8 million linked to the recent hack of popular blockchain gaming project Axie Infinity. Binance Recovery of Nearly $6 Million Changpeng...
Lazarus Gets Banned by Tornado Cash for Hacking $600 Million From Axie Infinity’s Ronin Bridge
Tornado Cash is a decentralized protocol that allows users to have a private Ethereum transaction on the network. Tornado Cash breaks the on-chain link between the source address and the destination a...
Analyzing Axie Infinity’s [AXS] case for the bulls and what to prepare for
AXS registered an explosive run in 2021, and managed to secure a spot among the best-performing cryptocurrencies in 2021. However, it has seen a significant sell-off from its September peak and some o...
North Korea Was Behind Axie Infinity’s $625 Million Ronin Bridge Hack
Alex Dovbnya In a stunning twist, the U.S. government has found out that North Korea was behind the Robin hack Lazarus Group, a notorious cybercrime group that is believed to be run by the North Korea...
The aftermath of Axie Infinity’s $650M Ronin Bridge hack
In late March, Ronin, an Ethereum sidechain built for the popular play-to-earn nonfungible token game Axie Infinity, was hacked for over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) for a comb...
Sky Mavis to Bear ‘Full Responsibility’ for Axie Infinity’s $625 Million Ronin Hack – crypto.news
A top official at the company behind the play-to-earn game Axie Infinity apologized for security breaches that cost users $625 million in what was potentially the biggest DeFi hack in history. Axie In...
Axie Infinity’s Ronin Bridge Hacker Starts to Move Stolen Ethereum (ETH)
There has been some activity on the blockchain address that was flagged as being involved in the hack on the Axie Infinity Ronin bridge last month. There have been several transactions over the past c...
Post-Ronin, Axie Infinity’s [AXS] chances of recovery are…
Axie Infinity, one of the biggest success stories in the world of decentralized gaming, had a rough patch a while back. First, the broader market began falling after November 2021, pulling down all al...
Axie Infinity’s Ronin bridge faces worst hack, Binance launches Bridge 2.0 and more
The last week of March saw the decentralized finance (DeFi) market surge to new highs as institutional investors returned to the market. Amid the rising popularity of DeFi products, Axie Inifity’s Ron...
Axie Infinity’s Ronin Network Vows to Recover or Reimburse Victims of $600,000,000 Exploit
The developers behind the Axie Infinity (AXS) bridge that was hacked for over $600,000,000 ago say they will recover or reimburse of all the stolen funds. In an updated newsletter, Axie Infinity’s Ron...
Hacker Drains $622M From Axie Infinity’s Ronin Ethereum Sidechain
In brief Ronin, the Ethereum sidechain for NFT game Axie Infinity, has been hit with a sizable exploit. All told, some $622 million worth of Ethereum and USDC were drained from the bridge that connect...
Axie Infinity’s Ronin Network Hack Sees $625M in USD and ETH Lost – crypto.news
Ronin Network, a gaming-focused platform, announced that it had experienced a loss of over $625 million in USDC and ETH. The hack marks the largest yet ever made in the DeFi space. Ronin’s blog post s...
Axie Infinity’s Ethereum sidechain Ronin hit by $600 million exploit
Ronin, the blockchain network tied to the popular play-to-earn game Axie Infinity, suffered an exploit last week resulting in the loss of more than $600 million worth of crypto. In a blog post, develo...
Axie Infinity’s Home Ronin Network Suffers Over $600m in another DeFi Hack
The Ronin Network has suffered what is being tagged as the largest hack in the history of Decentralized Finance (DeFi), which funds in excess of $625 million carted away by the hackers. The Ronin Netw...
Hackers Snatch $600 Million From Axie Infinity’s Ronin Bridge
As per official Twitter channel for Ronin network and official Discord of Axie Infinity, they received damage of $612 Million by hackers. Attacker utilized private keys to make fraudulent withdrawals,...
Biggest DeFi Hack Ever? Axie Infinity’s Ronin Drained of $625 Million
Alex Dovbnya The Ronin bridge has been drained of more than $600 million in what appears to be the biggest DeFi hack in history Ronin, an Ethereum-linked sidechain developed by Axie Infinity creator S...
Axie Infinity’s Ronin Network Loses $625M+ to Exploit
The Ronin Network, an Ethereum sidechain developed by blockchain gaming platform Axie Infinity, has been compromised. According to a Tuesday community alert from Ronin developers, hackers stole approx...