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Axie Infinity
Crypto Game Axie's AXS Tokens Get Unlocked, Recipients Send $5.7M Worth to Exchanges
Axie Infinity released the first batch of 10 million previously restricted tokens to early investors and insiders, blockchain data shows. Crypto asset management firm Arca already deposited freshly-claimed AXS tokens to the FTX exchange – a move that sometimes indicates an inclination to dump.
Southeast Asia Leads the World in Crypto Adoption, Propelled by Play-to-Earn Gaming: Chainalysis
Games like Axie Infinity and cross-border crypto transfer applications push “lower middle income” nations to global leadership in crypto adoption.
Market Wrap: Bitcoin, Ether Continue Their Sideways Moves as the World Twists and Turns
Inflation remains stubbornly high, the global economy is stuttering and the U.K. can’t find a decent leader. But bitcoin keeps purring above $19K.
Smart Money Eyes Market-Neutral Trades as ADA, AXS See Unusually Low Funding Rates
Traders can purchase ADA perpetual contracts and simultaneously sell ADA tokens in the spot market to safely pocket the funding rate, one expert said.
Market Wrap: Bitcoin Dull as Drama (Not the Kind You Want) Comes to Axie
Bitcoin trades flat around $19K (with the lowest volatility in two years), while Axie tumbles amid news of token unlocking. PLUS: Analyst Glenn Williams Jr. urges caution when interpreting bitcoin’s MVRV Z-score.
Crypto Gaming Token AXS Under Pressure as $215M Unlock Looms for Axie
Some 10 million of Axie’s AXS tokens owned by insiders and early investors will be unlocked soon, creating selling pressure. AXS price has dropped following prior unlocking.
US Government Recovers $30M Stolen From Axie Infinity Hack
Crypto analytics firm Chainalysis announced Thursday it helped the U.S. government recover about $30 million from over $600 stolen from Axie Infinity's Ronin bridge this past spring. "The Hash" panel breaks down the Chainalysis report and its key takeaways.
US Government Recovers $30M From Crypto Game Axie Infinity Hack
Hackers stole over $600 million from Axie earlier this year.
Sky Mavis Denies Wrongdoing After YouTube Sleuth Links Unusual Transaction to Company’s CEO: Report
About $3 million worth of AXS tokens were moved from CEO Trung Nguyen’s wallet on Axie’s Ronin blockchain to crypto exchange Binance hours before the announcement of an exploit.