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Crypto Price Analysis: The cryptocurrency market witnessed a renewed buying interest this week as the leading digital asset Bitcoin entered price discovery mode. On Friday, the BTC price hit the much-awaited psychological level of $70000, which is the current all-time high.
Gaming cryptocurrencies were among the best performers during the weekend amid rising demand from day traders. Gala price surged by over 34% on Sunday as it surged to its highest point since August 2022. It has risen by over 400% from its lowest point in 2023, bringing its total market cap to over $1.8 billion.
As the bull run continues, the altcoins present entry spots at massive discounts from their all-time high levels. To capitalize on this moment, we bring two top gaming tokens trading at a discount of more than 90% from their ATH.
With the renewed popularity of GameFi projects, cryptocurrencies like Axie Infinity (AXS) and Illuvium (ILV) have witnessed significant gains in the past few days, and another digital asset from this branch could soon join the crowd and therefore provide a great opportunity for investing.
As the crypto market is experiencing high turbulence ahead of Bitcoin halving, these coins have good basis for becoming moonshot cryptos.
The co-founder of Axie Infinity, Jeff “Jihoz” Zirlin, was targeted by hackers who managed to steal 3248 ETH worth $9.7 million from the compromised wallets.
On Thursday night, the Axie Infinity co-founder suffered a hack that included a large amount of ETH being withdrawn from the wallet and sent to Tornado Cash. The suspicious activity was revealed by a blockchain investigator, who alerted of the compromised whale wallet over the Ronin bridge.
In a jaw-dropping turn of events, the Ronin gaming network, intricately connected to the NFT game Axie Infinity, found itself at the center of a massive security breach. Co-founder Jeff “Jiho” Zirlin revealed on Thursday that his personal wallets on the Ronin chain were compromised, resulting in the theft of approximately $9.5 million worth of Ethereum.
Jeff Zirlin, Axie Infinity co-founder, loses nearly $10 million in Ethereum due to a security breach.
In a recent development, Jeffrey Zirlin, co-founder of Sky Mavis, the company behind the popular blockchain-based game Axie Infinity, has confirmed that two of his wallets fell victim to a hacking incident on Friday.
Two personal crypto wallets belonging to Jeff “Jihoz” Zirlin, the co-founder of Sky Mavis, the company behind the popular play-to-earn (P2E) game Axie Infinity, have been compromised, reports on February 23 show. Following this hack, over $10 million worth of various crypto assets were stolen, primarily RON, the native token of Ronin Chain, the Ethereum sidechain designed explicitly for Axie Infinity.
Jeff Zirlin, co-founder of blockchain gaming platform Axie Infinity, suffered a loss of close to $10 million after two of his personal wallet addresses were compromised.
Another hack after the devastating one in 2022, but this time the Ronin blockchain is not involved.
TL;DR Jeff Zirlin, co-founder of Axie Infinity and Ronin Network, lost approximately $9.7 million due to a significant breach of his crypto wallets. The stolen funds were transferred through Tornado Cash, a platform known for concealing the source of digital assets.
Axie Infinity co-founder Jeff Zirlin disclosed the loss of nearly $10 million in ether after two of his personal crypto wallet addresses were hacked and drained through the Tornado Cash mixing service.
Jeff Zirlin, Axie Infinity co-founder, loses $9.7M in Ether to hackers targeting his personal wallets, spotlighting the ongoing challenges of securing digital assets in the blockchain space.
Two personal crypto wallets of Jeff “Jihoz” Zirlin got compromised, allowing the hacker to walk away with $9.7 million worth of Ether.
Jeff Zirlin, co-founder of the popular blockchain-based game Axie Infinity, confirmed that his personal crypto wallets were compromised. The breach resulted in the loss of approximately $9.7 million worth of Ethereum (ETH).
Two cryptocurrency wallets linked to Jeff “Jihoz” Zirlin, a co-founder of both Axie Infinity and Ronin Network, were breached, resulting in the theft of roughly $9.7 million worth of Ethereum.
Skrice Studios' Mavia (CRYPTO: MAVIA), a blockchain-based game inspired by Clash of Clans, achieved a significant milestone with over 1 million downloads globally. What Happened: To incentivize early adopters, Mavia distributed tokens through an airdrop to players who synced their accounts before launch.
Story Highlights The live price of Axie Infinity is . AXS price could trade as high as $13.70 by the end of 2024. Axie Infinity with a potential surge could go as high as $43.29 by 2030. One of the growing trends in the crypto verse is blockchain gaming.
By partnering with Axie Infinity and its Ronin sidechain network, GCash seeks to provide Filipino web3 gamers with a practical and regulated alternative.
Ronin (RON) the blockchain that powers Axie Infinity, is thriving even as the crypto fear and greed index and most cryptocurrencies retreat. RON, its token, surged in the five straight weeks, pushing it to its highest point since January last year.
