Axie Infinity removes token rewards from its traditional game mode
Axie Infinity (AXS), a play-to-earn (P2E) blockchain game, has completely cut off the token incentives users gain from playing its traditional game mode in an attempt to draw players to its new game Axie Infinity Origin. The Smooth Love Potions (SLP) that can be obtained in the game’s traditional mode will stop being produced as […]
KBW: Axie Infinity intends to “double down” on Korean market
According to Jeffrey Zirlin, Axie Infinity intends to expand in South Korea, which they view as one of the most significant gaming marketplaces in the world. Despite the legislative obstacles, Sky Mavis, the company behind Play-to-Earn (P2E) industry leader Axie Infinity, plans to “double down” and ramp up adoption in South Korea. Sky Mavis co-founder […]
BlockFi support, staking plans Surge Axie Infinity (AXS) Past $30
Axie Infinity (AXS), a popular gaming token, surges in value over the last 24 hours after introducing land staking rewards, while crypto lender BlockFi has also extended support for the token. AXS surged nearly 20% to $34.56, recovering sharply from a near one-year low earlier this week. The token was the top-performing metaverse currency in […]
Binance exchange seizes $5.8M from Axie Infinity hackers
Following the US authorities discovery that linked Axie infinity Ronin hack to North Korea Lazarus group hackers, Binance CEO announced that the exchange has seized $5.8M from the hackers. Changpeng “CZ” Zhao, CEO of the Binance cryptocurrency exchange, announced that his team was able to recover $5.8 million from North Korean hackers who stole $600 […]
Sky Mavis, Axie Infinity developer launches $1M Bug Bounty
After the Axie infinity Ronin Hack which cost the network $622M, Sky Mavis Axie’s developer has offered a top prize of $1,000,000 for hackers as reward to anyone who can identify vulnerabilities in the network. After hackers siphoned $622 million in cryptocurrency from the company’s Ethereum sidechain, Ronin, last month, Sky Mavis, the producer of […]