Search Results for: axie

Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack

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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…

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

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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,…

Relying on Centralized Databases Makes Dapps Vulnerable to Data Tampering Says Nate Holiday

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Decentralized applications (dapps) are prone to data tampering because they “are largely built on top of centralized databases and services,” the CEO of Space and Time Nate Holiday has said. The CEO also shared a list of data tampering risks which…

Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted for 46% of All Network Activity

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According to a report published by the global dapp store platform, Dappradar, blockchain gaming hardly felt the impact of the recent FTX collapse and the crypto market carnage that ensued. Dappradar’s Blockchain Games Report indicates that the number of daily unique…

The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

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While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32…

Blockchain Game Splinterlands Reveals Gamefi Platform Sold 10 Million Packs of Chaos Legion Series Cards

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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…

US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers

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Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident…

Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team

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According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance…

Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’

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During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent study indicates that global regions like Singapore and…

Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month

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Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have…