Axie Infinity news and trends

Today in Crypto: Durbin, Warren Question Fidelity on Retirement Funds’ Crypto Exposure; Game Maker Sky Mavis CEO Moved Game Tokens Prior to Announcing Hack

July 28, 2022
Crypto, Fidelity, bitcoin, Nirvana
Turns Out Love (and Other NFTs) Can Give Thrills, Pay Bills Too
NFTs // July 20, 2022

Play-to-earn blockchain games like Axie Infinity may be bleeding users, but that doesn’t mean you can’t pay your electric bill in Smooth Love Potions. A Smooth Love Potion, or SLP, is a cryptocurrency token given as a reward to players of the top crypto-based game....

Is Play-to-Earn Killing Blockchain Gaming?
Blockchain // June 30, 2022

If you look at where investors are putting their money, blockchain games are the Next Big Thing in the crypto world. In the second quarter of this year alone, venture capital funds have earmarked $3 billion for this segment of the crypto universe. There’s just...

North Korea Hack Nets $625M on Heels of Crypto Developer Sentencing
Cryptocurrency // April 14, 2022

Less than two days after a well-known crypto developer was sentenced to more than five years in prison for teaching North Korean crypto conference attendees how to avoid sanctions, the U.S. government revealed that the rogue nation was behind a $625 million hack on a...

Today in Crypto: Ronin Hackers Attempt to Hide Stolen Ether; Crypto Asset In-Flows Reached $180M...
Cryptocurrency // April 04, 2022

Hackers have moved some of the $600 million in crypto stolen from the Axie Infinity gaming platform to a service that helps mask transactions, Bloomberg wrote Monday (April 4). The report said that around 2,000 ether tokens, valued at $7 million, were moved to Tornado...

Quick Reads
Today in Crypto: Durbin, Warren Question Fidelity on Retirement Funds’ Crypto Exposure; Game Maker Sky...

July 28, 2022
Solana-based yield protocol Nirvana Finance has been hit by a $3.5 million exploit which used flash loans to manipulate and drain liquidity. Flash loans are a popular way for attackers to get funds to do exploits on decentralized finance (DeFi) systems. The price of the native ANA token dropped more than 80% in the hours […]

Today in Crypto: Ronin Hackers Attempt to Hide Stolen Ether; Crypto Asset In-Flows Reached $180M...

April 04, 2022
Hackers have moved some of the $600 million in crypto stolen from the Axie Infinity gaming platform to a service that helps mask transactions, Bloomberg wrote Monday (April 4). The...

Today in Crypto: Crypto.com Visa Cardholders Get Extra Rewards; Grab Top Exec to Lead Crypto...

March 30, 2022
Crypto.com Visa cards will be offering new rewards after a partnership with cash-back rewards program Cardlytics, a press release said Wednesday. Cardholders in the U.S. will be able to earn...

‘Axie Infinity’ Game Hacked for $540M in Crypto

March 29, 2022
Sky Mavis, a crypto startup operating the popular “Axie Infinity” game, said hackers had stolen over $600 million worth in cryptocurrency, The Wall Street Journal reported Tuesday (March 29). Sky...