Major hack on play-to-earn crypto games a ‘matter of time:’ Report

Major hack on play-to-earn crypto games a ‘matter of time:’ Report

According to a cybersecurity auditing firm, GameFi projects are putting “profits above security” and pose a great risk to the projects and their users. “Unsatisfactory” cybersecurity measures among play-to-earn (P2E) crypto games pose a great risk to GameFi projects and their gamers alike, warns blockchain cybersecurity auditor Hacken.In a Monday report shared with Cointelegraph, Hacken said that data indicates that GameFi projects, the category which P2E games would fall under, often “put profits above security” by releasing products without taking appropriate precautions against....


Related News

Xbox Head Shows More Interest In Metaverse Than Play-To-Earn Games

Play-to-earn games are simply games that offer rewards to players, but Xbox executives are now intrigued by the metaverse. They are entirely dissimilar to the traditional video games most people are familiar with. Every play-to-earn game provides a unique reward to players for the time spent during in-game activity. But traditional gamers don’t earn real-world […]

What is the Hype About Play-to-Earn Games; Do they Actually Pay Out?

The play-to-earn gaming space is one of the most discussed ecosystems in today’s crypto industry. According to Dapp Radar’s Q1 report, blockchain games accounted for over 50% of the total DApp activity. There has also been a significant inflow of funds, with VCs investing close to $2.5 billion this year. Looking at these stats, one […]

Revolve Games Adds New Dimensions to Play-to-Earn Blockchain Gaming

PRESS RELEASE. Playing games has taken another dimension entirely through a new play-to-earn model that makes earning generating crypto revenue easier than ever. Revolve Games is revolutionizing the way DeFi staking is integrated with blockchain gaming by debuting a Metaverse where players can earn rewards according to performance. Current games fall short in unlocking the true value of play-to-earn NFT games. But a token-staking play-to-earn model is what the NFT scene needs so players can fully dive in the immersive gameplay of the metaverse and capitalize on their skills and....

How to Identify the Best Play-to-Earn Games?

Anyone fairly acquainted with the blockchain and gaming industry must have heard of Play-to-Earn games and the sway these hold amongst the community. Trends from the last few years indicate exponential growth both in terms of user base and revenue. And given the present market dynamics and the craze around NFTs, the Play-to-Earn space seems […]

Argentines Flock To Play-To-Earn Crypto Games For Extra Income

Many people in Argentina are flocking to play-to-earn crypto games to sustain their needs and income, with the country’s gaming population doubling in recent years. According to Bloomberg, Argentines frequently earn more from these games than from their paychecks, as inflation, which has reached a 10-month high, chips away at their earnings. Argentina — South […]