Sky Mavis co-founder Jeffrey Zirlin told Cointelegraph that crypto gaming investors are no longer blindly throwing funds into “Axie killers” that fail to deliver.
Axie Infinity (AXS) Crypto News Today
Explore the latest Axie Infinity news today! Axie Infinity is a blockchain-based game that enables players to collect, breed and battle fantasy creatures known as Axies. Its Axie Infinity (AXS) native cryptocurrency serves as both a utility token and a governance asset within the Axie universe.
Enjoying a vibrant player community and a thriving in-game economy, players can earn AXS through gameplay and participate in governance decisions.
Whether you’re a developer, investor or enthusiast, stay informed about Axie Infinity news with Cointelegraph.
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Sky Mavis released the trailer for Atia’s Legacy, a new MMO set in the Axie universe, promising enhanced gameplay and NFT-based referral rewards.
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NFTs recorded a weekly sales volume of $158 million, showing a strong weekly performance compared to the start of November.
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Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.
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The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw “without signature.”
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The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty.
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If the exploit occurred due to a white hat hacker, the funds could soon be returned to the blockchain.
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A OnePoll survey found that more than three-quarters of adult gamers have never heard of blockchain gaming or have never played a blockchain video game, indicating a huge untapped opportunity.
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Unlike games that rely partly on centralization (Axie Infinity), fully on-chain games give players more control — and get them more engaged.
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Two personal crypto wallets of Jeff “Jihoz” Zirlin got compromised, allowing the hacker to walk away with $9.7 million worth of Ether.
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The protocol's total value locked remains below 2022 highs but has gained ground.
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Bitcoin recaptured a key price level, and a handful of altcoins look poised to breakout.
4508 - Markets News
The Lazarus Group has mastered the art of stealing crypto investors’ assets. Here are a few tips on how investors can protect their portfolios.
15906 - Use Case
Play-to-earn projects live and die based on whether they have an influx of new users or the means to continue rewarding existing ones. All of this lacks sustainability in the long run.
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Playing crypto games can be riskier than investing in cryptocurrencies, according to the Filipino ACG, considering the ease with which gamers can lose their digital tokens and NFTs.
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