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Play-to-earn crypto games have exploded onto the scene and are shaking up gaming business models. Here's how they work, and where the value comes from for investors.
Value for play-to-earn games comes from the users, the popularity of the game, and the demand for i…
Shalini Nagarajan
The most-traded NFT collection in Q3 was Pokemon-inspired Axie Infinity as crypto gaming expands
Axie Infinity, which features colorful, fighting creatures, has generated $2.5 billion in trading v…
Carla Mozée
Binance CEO says the crypto exchange seized $5.8 million from a North Korean network behind a recent $620 million Axie Infinity hack
"The DPRK hacking group started to move their Axie Infinity stolen funds today," said Binance CEO C…
Carla Mozée
What 'actually' happened in the world of crypto in March?
March wasn’t as harsh for the crypto market! The crypto space recovered with panache; crypto compli…
A 27-year-old left his Goldman Sachs job and became a crypto capitalist in the play-to-earn video game world
Sam Peurifoy, who earned his PhD in chemistry from Columbia University, is now known as "Captain" o…
Natasha Dailey
Axie Infinity saw $3.5 billion NFT transactions in 2021, but future prospects remains bleak
Axie Infinity clocked in $3.5 billion in NFT transactions in 2021, accounting for more than two-thi…
The company behind The Sandbox, Decentraland and Axie Infinity is now helping the Bored Apes Yacht Club launch its own P2E game
The Bored Ape Yacht Club is planning to launch its own play-to-earn (P2E) game next year in collabo…
Play-to-earn crypto games are gaining popularity among developers, with nearly 60% surveyed saying they are utilizing blockchain in game design
Blockchain-based games such as Axie Infinity that allow players to make money have surged in popula…
Carla Mozée
NFT game Axie Infinity clocks highest-ever $1 billion in trade with its crypto-based virtual economy
Axie Infinity, a game that runs on non-fungibles tokens (NFTs), has hit an all time high in sales o…
Axie Infinity has an inflation problem — and without more players, it’s going to be a tough fix
According to analytics firm Naavik, Axie Infinity has an inflation problem on its hands with player…
Facebook’s Metaverse announcement is giving blockchain games a boost
In comparison, OpenSea, which is one of the biggest NFT-auctioning platforms in the world, …
Axie Infinity breaks $4 billion in NFT sales as the crypto-gaming metaverse draws in the crowds
The trading of NFTs between players on the crypto metaverse game racked up $2.5 million in the past…
Adam Morgan McCarthy
Hackers pulled off a $620 million crypto heist by tricking an engineer into applying for a fake job and opening an offer letter containing spyware, report says
After multiple interview rounds, hackers posing as recruiters sent an Axie Infinity engineer an off…
Hannah Towey
A crypto game has generated $485 million in revenue since July and is drawing flocks of players from developing countries looking to make money
Crypto game Axie Infinity is drawing in millions in revenue for its founding studio and drawing in …
Carla Mozée
Metaverse tokens like Decentraland, Sandbox and Axie Infinity have risen nearly 400% in a year despite the sell-off in crypto market
Metaverse tokens are cryptocurrencies attached to metaverse games. Games like Decentraland, Sandbox…
North Korea-linked hackers stole $620 million in Axie Infinity cryptocurrency heist, FBI says
The FBI said hackers linked to North Korea, including the infamous Lazarus Group, were behind the a…
Alia Shoaib
These were the 5 worst performing cryptos over the past week amid the bitcoin bear market
With more than 18,000 cryptocurrencies in existence and counting, there are more than triple the nu…
Matthew Fox
Axie Infinity's developer just raised $150 million in a funding round led by Binance to start reimbursing victims of the historic $625 million crypto hack
Other companies involved include blockchain game company Animoca, venture capital firms a16z and Di…
Phil Rosen
A hacker just stole over $600 million in crypto. Experts explain the historic swindle and why cyberattacks shouldn't discourage adoption of digital assets.
Experts said the $600 million crypto swindle that hit Axie Infinity's Ronin Network isn't the block…
Phil Rosen
Axie Infinity's owner vows to reimburse victims of $600 million theft after a hacker pulled off one of the largest crypto heists in history
Users who lost tokens during the massive Ronin Network crypto heist will be reimbursed, according t…