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Norwegian financial crimes agency Økokrim has tracked and seized a portion of the funds stolen in the Axie Infinity Ronin hack.

Norwegian Police authority (Økokrim)disclosed that it has seized up to 60 million krone ( worth roughly US$5.9 million) of assets stolen from the Axie Infinity hack.

The National Authority for Investigation and Prosecution of Economic and Environmental Crime – known in Norwegian as Økokrim – said it is the biggest crypto seizure ever made by the country's police.

Gaming projects in the crypto ecosystem experienced a revival recently, but Axie Infinity [AXS] seemed to have been left behind. According to DappRadar, the blockchain-gaming ecosystem was finding it hard to attract users to its decentralized applications (dApps).

The team of VicTree, a platform designed to streamline and optimize income strategies in Web3 games, shared its estimations of major trends the Axie Infinity (AXS) economy sees in Season 2, which started last January.

Metaverse Tokens News: Metaverse tokens are virtual currency units that can be used to make digital payments in the Metaverse.  Each virtual universe's in-game store offers a variety of these currencies, some of which can only be used within the metaverse.

The broader cryptocurrency sector began the year 2023 with an optimistic outlook, and crypto gaming tokens have not been an exception to this trend. What comes as significant gaming news, cryptocurrencies pertaining to the gaming genre have witnessed an average price gain of more than 100 percent in the month of January.

2023 started with optimism for the larger part of the cryptocurrency industry, and crypto gaming tokens have been no exception. Notably, gaming tokens with the highest market capitalization have recorded an average price increase of more than 100% in January alone.

Axie Infinity has receded from $14 in the past two weeks. The series of lower highs and lower lows in this time period denoted a bearish market structure.

After spending a considerable portion of 2022 in the doldrums, a number of tokens in the metaverse sector have seen considerable gains over the last several weeks, with 18 of the top 20 tokens in the sector seeing gains of up +319%, over the last 30 days.

On 2 February, Axie Infinity's [AXS] engine, the Ronin network, confirmed that users of the Play-to-Earn project could access loans directly in their wallet. According to the announcement, the feature was made available after the network's collaboration with MetaLend.

DeFi lending protocol MetaLend will offer players of the top play-to-earn games loans based on the value of their in-game NFT assets like Axie virtual pets and Axie Land.

Key Points: Players of the well-known blockchain game Axie Infinity will soon be able to borrow money against their assets, such as staked AXS and staked RON, thanks to cooperation between MetaLend and Sky Mavis.

At the start of a new year, each crypto enthusiast is looking for a list of cryptocurrencies to add to their portfolio for maximum returns.

Axie Infinity players can borrow up to 30% against their digital assets, as well as stake their assets for a reward. 

Despite operating losses in 2022 for the Reality Labs business, Meta Inc (NASDAQ: META) CEO Mark Zuckerberg reassured that the company is sticking to its long-term goals for Metaverse, leading to a surge in the prices of associated tokens. What Happened In the last 24 hours, Decentraland (CRYPTO: MANA) rose by 6.40% trading at $0.80.

The fastest-growing segment of Web3 at the moment is play-to-earn gaming. While other blockchain industries have had difficulty, user numbers have continued to rise.

During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland's MANA and The Sandbox's SAND rising 92-150% against the greenback.

Axie Infinity vs Illuvium: Some of the best metaverse games have recently gained popularity as the world gets ready to welcome the metaverse. A collection of virtual worlds called the metaverse is still present even after you stop playing the game.

Top 5 Altcoins For Crypto Gamers: Since the beginning of the year, the majority of cryptocurrencies have increased in value. It has boosted the cryptocurrency market's confidence.

Long-term crypto investments often rely on market cycles to put them on the radar for the wider crypto audience. Bull markets, where values skyrocket, inevitably cycle into bear markets, where values slump significantly. It is during the latter events that the best long term crypto bargains are to be had.

Axie Infinity [AXS] has been recording impressive weekly performances. It posted 30% gains in the past week alone.

The crypto market's green streak to start the year ended on Friday as Bitcoin and Ethereum lost steam—but other names saw green.

Token unlocks are often bearish events that spark price rallies in advance. Do you know why?