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Ronin (RON), Ethereum (ETH) sidechain built specifically for the play-to-earn game Axie Infinity (AXS), will soon re-open a bridge used to transfer assets to the chain after it was halted following a major hacking incident in March this year.
Ronin Network on Friday said it is restarting the Ronin bridge on June 28 and plans to reimburse users for the lost funds during the $620 million Ronin hack. Ronin has successfully passed the external audit led by blockchain security firm Certik, with minor changes suggested by the firm.
The sidechain that hosts Axie Infinity's play-to-earn game plans to reopen its bridge next week, three months after suffering a $600 million exploit. The post Axie Infinity's Ronin Ethereum bridge to restart next week appeared first on The Block.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. As Axie Infinity[AXS] approached its $11-$12 year-long support range, the buyers stepped in to inflict an up-channel (yellow) revival.
Axie Infinity AXS/USD, Gala GALA/USD, and Immutable X IMX/USD are some of the best GameFi tokens you can get on June 22. According to a study by CashNetUSA, Axie Infinity is the most popular NFT community in 112 countries. Gala Game's official Twitter page also announced the launch date for BetwixtNFT, a playable, immersive tale […] The post As GameFi continues to grow despite crypto winter, these are the best tokens to get appeared first on Invezz.
Axie Infinity is credited for being the top most googled NFT in 112 countries.
Axie Infinity is the most popular NFT community in 112 countries, according to a recent study by CashNetUSA. The post Axie Infinity top NFT community in 112 countries appeared first on CryptoSlate.
Gaming-related cryptos with higher upside are (finally) getting some love today.
The cryptocurrency market is still in a slump, having fallen below the $1 trillion value after a string of adverse moves. While many people have [.
According to the latest expose by Bloomberg, the most popular play-to-earn (P2E) game, Axie Infinity, is now on the decline. The comments come from Bloomberg's [.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The crypto market has been in a strong downtrend over the past week but saw a sizeable bounce in the past few hours of trading.
As Bitcoin [BTC] and Ethereum [ETH] continued their downtrend on 15 June, they affected many altcoins one of which was Axie Infinity. But, it seems, the GameFi token has another trick up its sleeve to counter this bearishness.
After dropping to levels not seen since 2020, the crypto market is in quite a volatile position presently. However, despite the state of the market, [.
The crypto market has been reeling since the beginning of the year due to multiple challenges but these must-buy cryptos offer tremendous upside potential.
Axie Infinity's Tokenomics are hyperinflationary, and the publications aren't happy about it. In this article, we cover the story of one gamer that realized it [.
This year has not been particularly good for cryptocurrency. Bitcoin is (almost) in a free fall, Ethereum's Ropstend test was a bust, and the regulatory [.
The AXS price risks more losses while its technical setup predicts a 2500% price rally despite the token facing some strong headwinds ahead so let's read more today in our latest altcoin news. The AXS price risk more losses as it already dropped by 90% from the $172 level in November 2021.
Bloomberg's Joshua Brustein tells captivating story about rise and fall of first-ever play-to-earn unicorn Axie Infinity (AXS)
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead.
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
In a recent publication titled the “May 2022 market recap and outlook”, Kraken, a leading cryptocurrency exchange in the United States provided interesting insights into the performance of some metaverse tokens in the month of May. According to the report, a major highlight for the month of May was the fact that with a YoY […]
As general interest in the play-to-earn gaming industry continues to wane, leading blockchain gaming platform, Axie Infinity too struggles to keep its players interested. The recent data showed that the index for the daily active user of Axie Infinity V2 suffered a 21% drop.
Last week was the first time the game brought in less than $1 million in revenue since February of 2021. The post Pay-to-earn game Axie Infinity's revenue continues to slide appeared first on The Block.
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
