Sky Mavis’s head of business development, Kathleen Osgood, told Cointelegraph that its goal is to onboard as many people into the ecosystem as possible. Sky Mavis, the company behind the popular blockchain game Axie Infinity, revealed that four gaming studios would be building and launching games on top of the Ronin Network, sparking the creation…
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Norwegian authorities, in collaboration with the Federal Bureau of Investigation (FBI) and the U.S. Department of Justice (DOJ), have allegedly seized about $6 million that was stolen in last year’s Axie Infinity heist. “It is the biggest crypto seizure Norwegian police have ever made,” said Norway’s Økokrim. Norway and FBI Recoup Some Stolen Funds From…
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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. Metaverse Crypto Assets Outshine Bitcoin and Ethereum Metaverse crypto…
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Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five NFT collections, in terms of all-time sales volume, have…
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Though Axie Infinity (AXS), the cryptocurrency that powers one of Web3’s leading play-to-earn crypto games Axie Infinity, has now pulled back by close to 20% from the highs it hit above $14 per token just a few days ago, the cryptocurrency is still up around 90% this month…. Read More: While Axie Infinity Price Explodes,…
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After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed 62% higher against the U.S. dollar in the last 30 days.…
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Axie Infinity, Chiliz and Decentraland will be represented in CME’s new reference rates and real-time indexes. Derivatives marketplace CME Group is planning to launch reference rates and real-time indexes for three metaverse crypto assets, allowing investors to track pricing data more reliably using a methodology commonly used in traditional finance. Beginning Jan. 30, CME Group…
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Axie Infinity (AXS) finally managed to break away from its downward momentum that’s been going on for the last six months. According to latest data from Coingecko, the crypto asset peaked at $11.29 today before entering a minor price correction that made it decline by more than 7% over a 24-hour period. AXS is in…
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Axie Infinity price prediction remains bullish, especially above the $10.15 level, extended by a 61.8% Fibonacci retracement. Axie Infinity made a strong comeback the day before, gaining over 20% before giving up half the gains to trade at $10.58 today. In 2021, play-to-earn (P2E) games became widely popular because of the proliferation of blockchain-based gaming platforms…
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On Wednesday, the team behind the blockchain game Splinterlands announced that it reached a new milestone after the project sold more than 10 million packs from the fantasy-themed battle game’s Chaos Legion series of cards. The achievement follows the project’s recent partnership with the Major League Soccer Players Association and Warner Music Group. Play-to-Earn Game…
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