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Axie Infinity Loses $600 Million – Hack Attack
Axie Infinity Loses $600 Million in one of the Biggest Crypto Heist Ever. One of the biggest hacker heists to date took place against crypto gaming where the hackers took off with $600 million. The victim this time is the biggest success story of blockchain crypto gaming; Axie Infinity. Crucial As Sky Mavis explains, the…
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Cryptocurrency Exchange FTX Acquires Good Luck Games
FTX Gaming Acquires Storybook Brawl Developers Good Luck Games. Cryptocurrency exchange FTX & FTX Gaming makes further progress and expansion into the blockchain video game realm by acquiring Good Luck Games. For those of you who are not familiar, Good Luck Games is the developer behind the popular fantasy card game namely Storybook Brawl. The…
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Avid Gamers Not Excited About GameFi?
GameFi struggles to enjoy appreciation from gamers! Despite its astronomical popularity, massive transaction volumes, and the idea of ownership of digital assets, GameFi struggles to enjoy appreciation from gamers. GameFi is a phenomenon that resulted from the amalgamation of gaming, decentralized finance, and NFTs. The main idea behind GameFi is for gamers to earn real…
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Axie Infinity changes its economic system amid falling popularity
Axie Infinity Deploys Desperate Changes to its Resuscitate its Limping Economy. Axie Infinity, the torchbearer of P2E, decides to implement a few changes to its economic model after plunging stats of its token price, NFT valuation, and trading volume. After its astronomical popularity last year, this is the first time the game suffers a decline…
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Reddit Founder On Crypto Games and More
Reddit co-founder made predictions on Crypto Games and more. In a recent talk with media, Reddit co-founder Alexis Ohanian said that the future of video games will only revolve around the play-to-earn model. He believes that the play-to-earn crypto games phenomenon will be the new norm for gamers in the next five years. Crypto Games,…