Binance leads $150M fundraiser for Axie Infinity to reimburse stolen funds

Binance has led a $150 million fundraising round for Sky Mavis, the creator of Axie Infinity, a popular play-to-earn nonfungible token game, the fund will be used to refund users who lost money in the recent hack. The fundraising aims to recoup funds lost as a result of the recent exploit on Axie Infinity’s Ronin […]
Axie Infinity’s Ronin Bridge Hacker Begins The Transfer Of Stolen Ethereum

The attacker(s) behind the largest crypto theft ever recorded have begun to move some of the stolen Ethereum through anonymous services. The stolen Ethereum linked to the Axie Infinity Ronin bridge hack has reportedly been discovered to have some movement on the blockchain address. Several transactions have been made from the suspect Ethereum address in […]
Virtual Real Estate: Axie Infinity’s virtual land slot sells out for 550 ETH

It is the greatest sum ever paid for virtual real estate, according to the game’s creators. A valuable land plot within the monster-battle fantasy nonfungible tokens, or NFTs , was sold for 550 ETH ($2.3 million) late Thursday, according to a tweet by Axie Infinity. Users command axes to duel other players, defeat foes and […]
Sky Mavis studio secures $152M in a Series B funding round

Sky Mavis studio the Axie Infinity developer secures $152M in a recent Series B funding from investors, the gaming studio plans to use the fund to pursue further expansions in the emerging play-to-earn arena. Sky Mavis, the studio behind the popular nonfungible token (NFT) game Axie Infinity, has announced a new round of funding. Sky […]
Axie Infinity NFT game platform launches AXS staking program

Axie Infinity NFT game based on the Ethereum blockchain has announced the introduction of the Axie Infinity Shards (AXS) staking program. Players can now stake their AXS tokens with rewards to follow up soon. According to a Sept. 30 release, AXS token holders can begin staking their tokens, while the incentives will be implemented in […]