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In the aftermath of the March hack of the Ronin blockchain, Vietnamese game developer Sky Mavis, the entity behind the blockchain-based game Axie Infinity (AXS), is rejecting accusations of wrongdoing as some USD 3m worth of its native AXS token had reportedly been moved from Ronin to a Binance account in the hours preceding the attack's discovery.
Axie Infinity CEO and co-founder Trung Nguyen moved $3 million worth of AXS tokens to Binance before disclosing the Ronin bridge exploit, Bloomberg News reported on July 28. The post Axie Infinity CEO moved funds to Binance before disclosing Ronin bridge hack appeared first on CryptoSlate.
Sky Mavis claimed that founders transferred tokens to allow more “flexibility” in its response to the Ethereum sidechain attack.
A digital wallet belonging to Axie Infinity CEO allegedly moved $3 million worth of AXS to Binance before the announcement of the $600 million exploit on the Ronin Bridge. Crypto Youtuber, Asobs, was the first to spot the significant AXS transaction from the wallet.
Axie Infinity (AXS) is trading inside a bearish pattern and has been rejected by a horizontal resistance area, indicating that it could still be in a bearish trend. The post Axie Infinity (AXS) Fails to Bounce Despite 91% Drop Since All-Time High appeared first on BeInCrypto.
A recent article by Time followed the story of Samerson Orias, who, like many Filipinos during covid, had turned to Axie Infinity to supplement their income. The post Axie Infinity players are turning their backs on the platform appeared first on CryptoSlate.
The Axie infinity (AXS) price triggers a bear cycle within the range-bound rally. Under the pattern influence, this reversal may offset the recent recovery and plunge the altcoin by 20%.
Avalanche has fallen back to test a key area of support while Cardano is within recent ranges pre-key macro events.
Interest in the metaverse is at an all-time high, and not just for the brands.
WUHAN, China, July 25, 2022 (GLOBE NEWSWIRE) -- Axie Infinity, the frontrunner in blockchain-based play&earn gaming, has chosen GeeTest CAPTCHA solution to preserve crypto assets security and fight mass online bot threats while enhancing the user
It was a bullish week for the cryptos, with ETH and AXS leading the way. In the week ahead, the Vasil hard fork and the Fed will be areas of interest.
Axie's monthly revenue has dropped over 98% from its August 2021 peak of $364.4 million.
One of biggest GameFi tokens on market saw massive 50% gain in last 7 days and was not yet ready to stop
The bear market has upset many people. Yet, this post is all about the top 5 cryptocurrencies that have earned excellently in the last seven days.
The Axie infinity (AXS) price has resonated between the $18 and $12 mark over the past six weeks, indicating a short consolidation phase. The altcoin has tested both the extreme barriers and accentuated them as important chart levels.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Soon after Axie Infinity [AXS] approached to test the $12-support, buyers provoked a week-long rally in an ascending channel (white).
Major cryptocurrencies look set to end the week in the green with plenty of macro risk on deck next week.
Top 100 ETH whales actively purchase AXS in hopes of big profits
Axie Infinity's price is on an eight-day bullish streak, with today's trading session already up by 3 per cent.
Gaming is a billion-dollar market and it's about time Play-To-Earn crypto games dominate the industry that has been perpetually growing for decades.
Axie Infinity will deploy an upgrade to Axie Marketplace this August. The upgrade will support NFT runes and charms and use ERC 1155 standard.
The last two quarters have been rough for Axie Infinity [AXS]. The GameFi has not only been the victim of one of the largest crypto hacks but has also swayed with the bearish sentiment in the broader market.
Investors are bidding up Ethereum's utility tokens as The Merge approaches.
The crypto market was in a bullish stance today, with pretty much every cryptocurrency trading in the green, pushing the market cap to $996 billion.
