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Axie Infinity attracted the attention of gaming and crypto enthusiasts after the recent launch of the much-awaited Origins S12 postseason. At the center of the craze is the Elite 8 Tournament, which will begin next week on April 21.
TL;DR Season 12 of Origins has officially wrapped up, making way for an exciting postseason. The Elite 8 Tournament begins on April 21st, where the top players will face off for a 3,000 AXS prize pool.
Token unlocks play a pivotal role in the crypto market, impacting liquidity, price volatility, and investor sentiment. They are events in crypto where locked coins or tokens are released and become available for trading in the open market.
TL;DR The Season 12 Final of Axie Infinity Origins is officially underway, with 24,000 AXS and extra rewards up for grabs for the top 30,000 players. Player “Enrico” dominated the Mystic Era, positioning himself as the top contender for this season's grand finale.
The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.
Once the stars of the crypto market, metaverse tokens like MANA, SAND, and AXS have struggled lately.
The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.
Cryptocurrency exchange Binance again captured noteworthy market attention with its latest update on 6 tokens this Tuesday. Notably, the exchange revealed that it is updating the leverage and margin tiers for RARE, AXS, ZEN, XTZ, SAGA, and CATI.
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The team behind Axie Infinity AXS has introduced Axie Infinity: Atia's Legacy , a massively multiplayer online (MMO) game.
The crypto market slid back into the red as it declined over 4%, slipping below the $3 trillion mark and moving to its current $2.87 trillion. Bitcoin (BTC) is down nearly 5% despite Donald Trump's announcement of a strategic reserve consisting of Bitcoin.
Axie Infinity has created history with its mind blowing hold over the world. The financial system was revolutionized when Axie Infinity started climbing the ladder.
Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.
Altcoin resumed its decline, approaching a month-long consolidation range that it previously broke out of.
Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it.
Catch up on this week's biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.
Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce.
The firm's founder has stressed that the layoffs are not financially motivated.
Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.
Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.
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.
Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.
Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.
The layoff reflects a strategic move to focus on its projects, including a new Axie Infinity game, according to its CEO.
