Tag: Infinity

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Axie Infinity is painting a giant bearish pattern — will AXS price crash another 95%?

Axie Infinity is painting a giant bearish pattern — will AXS price crash another 95%?

Axie Infinity (AXS) has been forming a giant bearish reversal pattern since July last year, which could send its prices down by another 95% in 2022.AX [...]
P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons

P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons

Play-to-earn gaming was one of the breakout sectors of the cryptocurrency market in 2021 and the trend was led by Axie Infinity (AXS), a mobile, block [...]
Axie Infinity Restarts Ronin Bridge Months After $625M Exploit

Axie Infinity Restarts Ronin Bridge Months After $625M Exploit

The March exploit affected Ronin validator nodes for Sky Mavis, the publisher of the popular Axie Infinity game, and the Axie DAO, with attackers stea [...]
Axie Infinity to compensate Ronin exploit victims and relaunch bridge

Axie Infinity to compensate Ronin exploit victims and relaunch bridge

Sky Mavis, the creator of the play-to-earn game Axie Infinity, announced that it will reimburse victims of the Ronin bridge hack and reopen the bridge [...]
Axie Infinity Developer Sky Mavis to Reimburse Victims of Ronin Bridge Hack

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. www.coindesk.com [...]
Axie Infinity V-shape recovery fizzles as AXS price drops 20% from three-week high

Axie Infinity V-shape recovery fizzles as AXS price drops 20% from three-week high

Axie Infinity (AXS) price dropped sharply on June 1, suggesting that its supersonic gains in the last two days might have been a part of a bear market [...]
Amid P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity

Amid P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity

On Tuesday, Sky Mavis, creator of the popular fantasy monster-battle nonfungible token (NFT) game Axie Infinity, announced that it had accepted the fi [...]
Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack

Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack

The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io [...]
Dfinity Foundation files lawsuit against Meta over infinity logo

Dfinity Foundation files lawsuit against Meta over infinity logo

Lawyers for Dfinity Foundation, a Switzerland-based nonprofit behind the Internet Computer blockchain, have filed a lawsuit against Facebook’s parent [...]
Binance Recovers $5.8M Linked to Axie Infinity Hack

Binance Recovers $5.8M Linked to Axie Infinity Hack

The funds were spread over 86 accounts, Binance’s founder confirmed. www.coindesk.com [...]
Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks

Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks

Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn gaming platfor [...]
Axie Infinity creator raises $150M, DApp daily users surge to 2.4M and more

Axie Infinity creator raises $150M, DApp daily users surge to 2.4M and more

The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity even when the overall market cap took a slight di [...]
Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says

Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says

There 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 3 [...]
Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says

Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says

“These are the players who trusted us, and we failed to live up to that trust,” Sky Mavis co-founder Alexsander Larsen said on CoinDesk TV Friday. ww [...]
Axie Infinity creator raises $150M led by Binance to reimburse stolen funds

Axie Infinity creator raises $150M led by Binance to reimburse stolen funds

Sky Mavis, the creator of the popular play-to-earn nonfungible token game Axie Infinity has raised $150 million in a new funding round led by Binance. [...]
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