Category: ronin

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Luke Barwikowski, CEO of web3 Game Pixels, on The Current State of Web3 Gaming, Growing to 500K Daily Active Users, and Building on Ronin Blockchain | Ep. 322

In an exclusive interview with Cryptonews, Luke Barwikowski, the founder and CEO of Ronin-based social Web3 game Pixels, discussed his early start in the coding space and his move into Web3 gaming. He talked about Pixels’ development and successes, what it takes to launch a Web3 game, and why projects should wait before launching a…
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Axie Infinity Co-Founder Losses Over $10 Million In Hack, AXS Holds Firm

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…
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Lone Survivor: Ronin (RON) Rallies 20% As Top 100 Cryptos Bleed

Today’s surge in the price of RON has caught the attention of the cryptocurrency market, with the Ronin token going up by more than 200% in the last month. In its first nine months, Ronin has racked up 250,000 unique daily active addresses, $5 billion in total value locked (TVL), over 2 million wallet downloads,…
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46% of crypto lost from exploits is due to traditional Web2 flaws — Immunefi

The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements. A new report from blockchain security platform Immunefi suggests that nearly half of all crypto lost from Web3 exploits is due to Web2 security issues such as leaked private keys. The report, released on…
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3 steps crypto investors can take to avoid hacks by the Lazarus Group

The Lazarus Group has mastered the art of stealing crypto investors’ assets. Here are a few tips on how investors can protect their portfolios. Cryptocurrency users frequently fall prey to online hacks with Mark Cuban being just the latest high-profile example how nearly a million dollars can leave your digital wallet. It is possible to substantially…
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Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Billion in 30 Days

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 billion over the last 30 days, increasing from $243 billion to the current $321 billion. Furthermore, the total value…
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NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales

Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past week was the Bored Ape Yacht Club (BAYC),…
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NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 Blockchains

Non-fungible token (NFT) sales have shown improvement during the last month as 30-day statistics show NFT sales are up 22.37% higher than the month prior. During the last seven days, NFT sales are up 5.13% higher than the week before. Additionally, over the last two days, the floor value of Bored Ape Yacht Club (BAYC)…
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Function over fun? Analyst says P2E games don’t need to be ‘fun’ to retain users

Play-to-earn games struggle to retain users, which is exactly why one analyst says they need to focus on function over fun. Play-to-earn (P2E) blockchain-based games gathered investors’ attention in late 2021, with Axie Infinity leading the pack with over 2 million active users. In P2E games, players are awarded tokens or nonfungible token assets (NFTs) as…
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Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month

Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during the last 30 days. Value Locked in Cross Chain Bridge…
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