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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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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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Game studio Animoca Brands raises $360 million
Blockchain and NFT Gaming Company Animoca Brands Recent Funding for The Open Metaverse. Blockchain gaming enjoys the high tide as Hong Kong-based crypto game studio Animoca Brands raises $360 million in a recent funding round. The funding round now values Animoca Brands at $5.4 billion. The recent investment has doubled the previous valuation figure of…
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Fractal Of Twitch Founder Justin Kan Launches Gaming NFTs Marketplace
Twitch Co-Founder Justin Kan Launches Gaming NFTs Marketplace called Fractal. Twitch co-founder Justin Kan also joins the trend and comes up with his own NFT project called Fractal. Fractal will serve as a marketplace for gaming NFTs where players can buy and sell without any worry of security and transparency. Fractal’s founder Kan said that…
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Animoca Brands Brings K-POP Into The World Of NFT
Animoca Brands to Bring K-Pop into the NFT Space. K-pop becomes another iconic name to embrace NFT\’s as it teams up with Animoca Brands. Animoca Brands is a Hong Kong-based blockchain game developer and is behind bringing K-pop to the NFT domain. Both have teamed up to bring and launch digital collectibles based on K-pop…
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Blockchain-based video gaming platform Forte Raises Funding $725M
Blockchain video games platform Forte receives funding of a whooping $725M. Forte, a blockchain-based game platform for game developers, has raised $725 million in funding. With the increasing popularity and demand of blockchain-based games, Forte is now in a better position to enable game companies to make blockchain games. The platform will make the games…
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Blockchain Game Report Q3 2021
Blockchain Game Report Q3 2021. Growth for Play to Earn business models and games backed by blockchain technologies. The blockchain game sector is booming and continuously enjoys soaring numbers. The Q3 of 2021 shows that the Play to Earn business models and games backed by blockchain technology will sustain their growth. The key players behind…
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NFT and blockchain-based Axie Infinity Raises $152 Million
Axie Infinity Raises $152 Million in a Funding Round Led by Billionaire Firm. Sky Mavis, the developer behind the famous NFT based game Axie Infinity, raises $152 million in recent funding led by Andreessen Horowitz. The funding will help grow the already popular “play to earn” game. The B series funding round was led by…
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