Axie Infinity Developer Sky Mavis to Reimburse Victims of Ronin Bridge Hack
Sky Mavis, the developer of play-to-earn game Axie-Infinity, will reimburse victims of the $620 million Ronin bridge hack. Original Source
Read MoreSky Mavis, the developer of play-to-earn game Axie-Infinity, will reimburse victims of the $620 million Ronin bridge hack. Original Source
Read MoreAxie Infinity is a decentralized game and digital collectibles platform built on the Ethereum Blockchain. It allows players to breed, buy, sell, and train Axie creatures. The game revolves around trading and collecting digital creatures called Axies. Each creature has unique attributes such as size, color, markings, and more. These attributes
Read MoreThe United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering proceeds from the hacking of Axie Infinity's Ronin Bridge. North Korean state-sponsored hackers Lazarus Group have been identified as the perpetrators of the attack. Treasury Under
Read MoreLawyers for Dfinity Foundation, a Switzerland-based nonprofit behind the Internet Computer blockchain, have filed a lawsuit against Facebook’s parent company Meta for trademark infringement over its infinity logo.In a Friday court filing with the United States District Court for the Northern District of California, Dfinity’s legal team claimed Meta Platforms
Read MoreThe funds were spread over 86 accounts, Binance’s founder confirmed. Source
Read MoreCard-based crypto games, where players primarily collect and battle with NFT cards, gained widespread exposure from Axie Infinity, one the largest and most successful GameFi projects to date, with a top market cap of $10.2 billion on November 7, 2021.Compared to other GameFi genres, like virtual-world metaverses (The Sandbox, Decentraland)
Read MoreThere are about 1.5 million players of the original Axie Infinity game, released two years ago. Axie Origin, a new game on the network, incorporated 300,000 testers, or unique players, on Thursday, giving them early access, Larsen said. The players came in without any token incentives or any way to
Read MoreIt’s part of why, according to a report from the research firm Naavik, the majority of Filipino Axie players are still making below the country’s average minimum wage. Stephen Diehl, a prominent crypto critic, likened it to “digital serfdom,” though I think that may be slightly misstating it. It’s more
Read MoreThe new “Axie Infinity: Origin” was originally supposed to debut on March 30. Original Source
Read MoreThe company behind the popular play-to-earn game made the promise after a $625 million hack. Original Source
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