Tag Archives: Axie Infinity (AXS)

TL;DR Some NFT-related cryptocurrencies have shown notable development activity in the last month. Despite strong market performances, sector leaders by market cap like Internet Computer (ICP) and Artificial Superintelligence Alliance (FET) were not included in the top 10 list. The Top Performers Non-fungible tokens (NFTs) and cryptocurrencies related to them were one of the main trends during the crypto bull run of 2021. Despite the diminishing interest, many of those coins...

TL;DR Santiment reports that Decentraland (MANA) leads in development activity among NFT-linked tokens. Although interest is returning, assets like Axie Infinity (AXS) remain well below their historical peak values, highlighting the ongoing volatility in the NFT market. Here are the Leaders Non-fungible tokens (NFTs) and cryptocurrencies related to them were a huge trend a few years ago. During the 2022-2023 bear market, their popularity declined, but recently, they started...

October is gaining significance as several noteworthy projects, including Axie Infinity, Optimism, and Aptos, are gearing up for significant token releases. The trio is set to release more than $130 million into the market collectively, with Axie Infinity having the largest increase in the circulating supply of its AXS token at 11.5%. Axie Infinity’s AXS Token Unlock Leading in token unlocks this month is Axie Infinity, a blockchain-based NFT game. According to TokenUnlocks...

The Norwegian police seized nearly 60 million krone ($5.9 million) in cryptocurrencies.  The assets were previously stolen by the notorious North Korean hacking collective – the Lazarus Group – which breached the security of the blockchain-based game Axie Infinity. The Record Seizure Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) confiscated almost $6 million worth of digital currencies, a record-high crypto seizure...

The crypto market behaving erratically is nothing new, but absolutely no one saw such epic levels of fund mismanagement coming from established giants. The young industry’s turn to a more sordid state of affairs hit everyone by surprise, especially after the heady rush of the bull run last year. 2022 was marred by corruption and fraudulent activity. An industry that claims to have traceable and public transactions saw big bucks being funneled maliciously with much audacity...

The broader cryptocurrency market didn’t see a major change in the past 24 hours, as its total capitalization remains the same. As we go into the weekend, it becomes clear that some cryptocurrencies performed really well throughout the week, so let’s dive in. Bitcoin Stable Above $17K The BTC price didn’t go through any major moves in the past 24 hours and remains above $17K. It’s worth noting, however, that it had increased up to $17,360 in the early afternoon yesterday, but...

The blockchain intelligence firm Chainalysis announced on Thursday that it has successfully assisted law enforcement in seizing $30 million in crypto stolen by North Korean hackers of the Lazarus group.  The ill-gotten proceeds were connected to the infamous Axie Infinity hack in March – the largest hack in decentralized finance (DeFi) to date.  How the Funds Were Recovered According to the firm’s statement, the event marks the first time that stolen cryptocurrency has ever...

Ronin hackers have transferred the stolen assets from Ethereum to the Bitcoin network, according to new findings by blockchain investigator and developer ₿liteZero. Recall that after the Ronin bridge hack in March, the attackers moved the $625 million worth of USDC and ETH to Ethereum-based crypto mixer Tornado Cash, making it difficult for authorities to trace the movement of the funds. But Tornado wasn’t the end as the hackers took further steps in obscuring the...

Axie Infinity Shards (AXS) appear to be one of the only cryptocurrencies to trade up slightly in the past 24 hours, despite the current bear market. Buyers appear optimistic over the blockchain game’s Origin Android APK launch, announced over Discord on Thursday. According to the announcement, the update will include UI improvements, and a “full HD graphic” option in the game’s settings. It will also make the game run at a faster pace by having all status and rune effects...

Sky Mavis – the company behind Axie Infinity – is offering up to $1 million to anyone that can identify major security vulnerabilities in its platform. This comes after the company was struck by the largest defi hack in history, with over $600M being drained from Ronin bridge. A Call to Whitehats According to the company’s website, the Sky Mavis Bounty Program will take reference from the Bugcrowd Vulnerability Rating Taxonomy. The system will help Sky Mavis prioritize and...