Axie Infinity devs release governance token for Ronin Blockchain to mixed pla...
"SLP still on the ground LOL, if this coin stays like that I'm gonna quit Axie man," said one disgruntled player. On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals.According to its developers, Ronin has over 250,000 unique daily active addresses. When ranked by the number of weekly active users, Katana, Ronin's decentralized exchange (DEX), is....
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According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge and Katana Dex have been paused.
The Largest NFT Blockchain Game Axie Infinity Suffers From a $620 Million Hack
The largest non-fungible token (NFT) blockchain game, Axie Infinity, has suffered from an attack on Tuesday after the Ronin network validators were compromised. Sky Mavis, the....
The blockchain-powered game Axie Infinity has been a very popular application during the last 12 months, as the game’s NFTs have outpaced every NFT collection today in terms of all-time sales. While Axie Infinity has seen $3.85 billion in all-time sales, Nansen researcher Martin Lee recently published a report on how Ronin, Axie Infinity’s sidechain, has seen exponential growth.
Researcher Takes a Deep Dive Into Axie Infinity’s Ronin Network
Axie Infinity, the Ethereum-based blockchain game developed by Sky Mavis has seen a significant amount of NFT sales....
"We are in touch with security teams at major exchanges and will be reaching out to all in the coming days," said the team at Ronin. According to Axie Infinity's official Discord and Ronin Network's official Twitter thread, along with its Substack page, the Ronin bridge and Katana Dex have been halted after suffering an exploit for 173,600 Ethereum (ETH) and 25.5 million USD Coin (USDC), worth a combined $612 million at Tuesday's prices. In a statement, its developers said they are "currently working with law enforcement officials, forensic cryptographers and our investors to make sure....
The company behind the popular non-fungible token (NFT) game Axie Infinity, Sky Mavis, celebrated the re-launch of its Ronin Bridge. This cross-chain platform powers the game and allows users to deposit, stake, withdraw, and access other features. The bridge was drained out of $600 million in March 2022. Related Reading | Harmony Hacker Is Using Tornado […]
Rapid expansion in the Axie Infinity ecosystem and a parabolic rally from AXS triggered a 100% surge in the price of SLP. Last week Axie Infinity's AXS token went on an impressive parabolic run and hit a new all-time high at $19.60. Small Love Potion (SLP), a token in the Axie Infinity (AXS) ecosystem that is minted through gameplay as a reward to users, also broke out with a triple digit gain. SLP can then be used as a currency to breed Axies, which are nonfungible token-based creatures that populate the Axie Infinity world. SLP/USDT 4-hour chart. Source: TradingViewData from....