The hack is not too bad because there are worse things happening with Axie Infinity and Ronin.
Users are leaving and they get less and less revenue from Ronin with time. It will be harmful for their plan to recover from the $625M hack months ago.
Axie Infinity's Financial mess started long before its $600 million hack
Topic: Axie Infinity - A new Ethereum game similar to CryptoKitties [SPECIAL PRE-SALE] - page 3. (Read 7087 times)
May 20, 2022, 12:24:11 AM
May 19, 2022, 12:36:33 PM
Again Axie infinity hacked but this time only their discord channel and hackers made fake announcement of NFt minting. This is bad news for Axie Security and they will lose trust of users. Big projects should strong their security otherwise result will be just like Luna.
Source
https://cointelegraph.com/news/axie-infinity-s-discord-bot-compromised-hackers-issue-fake-minting-message
May 18, 2022, 04:21:01 PM
Why Axie Infinity’s co-founder thinks play-to-earn games will drive NFT adoption
They have bad concept. Who will provide money source for gamers to play and earn? Sky Marvis, the game, Ventures capitals, exchanges. I hope you see the point.Even if Axie Infinity did not have the $600M hack, their game economy was in trouble already. The rescue from ventures won't save them. The market is against them.
I wish best for Axie Infinity and Sky Marvis to survive after the hack and hope them will recover in couple of years. I am realistic here because they will not be able to recover in a few months especially in this bear market and people are all fearful to invest or to play games.
I think they already recovered from the hack because just their tresury is bigger than what was stolen and they received 150 million from binance, animoca and other partners.
Yeah, on-chain data would suggest that they did.
May 17, 2022, 05:38:30 PM
Why Axie Infinity’s co-founder thinks play-to-earn games will drive NFT adoption
They have bad concept. Who will provide money source for gamers to play and earn? Sky Marvis, the game, Ventures capitals, exchanges. I hope you see the point.Even if Axie Infinity did not have the $600M hack, their game economy was in trouble already. The rescue from ventures won't save them. The market is against them.
I wish best for Axie Infinity and Sky Marvis to survive after the hack and hope them will recover in couple of years. I am realistic here because they will not be able to recover in a few months especially in this bear market and people are all fearful to invest or to play games.
I think they already recovered from the hack because just their tresury is bigger than what was stolen and they received 150 million from binance, animoca and other partners.
Origin is now available for mobile
if you want to download and test the game go here:
https://welcome.skymavis.com/download/
more information on their official twitter
https://twitter.com/AxieInfinity/status/1524660182885670913?s=20&t=pTM-XDD7Dx6xpVlJ8e5kOQ
May 12, 2022, 06:46:24 AM
Why Axie Infinity’s co-founder thinks play-to-earn games will drive NFT adoption
They have bad concept. Who will provide money source for gamers to play and earn? Sky Marvis, the game, Ventures capitals, exchanges. I hope you see the point.Even if Axie Infinity did not have the $600M hack, their game economy was in trouble already. The rescue from ventures won't save them. The market is against them.
I wish best for Axie Infinity and Sky Marvis to survive after the hack and hope them will recover in couple of years. I am realistic here because they will not be able to recover in a few months especially in this bear market and people are all fearful to invest or to play games.
May 12, 2022, 05:28:56 AM
Now that time passed by, AXIES price suffered from a market reset and suffers lower lows... Why I am writing this? It is interesting, how fast there was a hype about this P2E game. AXS outperformed BTC during bearish months, started a huge wave of P2E crypto game schemes, and now ... well, think about for a minute 
May 04, 2022, 01:36:34 PM
Why Axie Infinity’s co-founder thinks play-to-earn games will drive NFT adoption
Its co-founder Jeff “Jiho” Zirlin told TechCrunch that “2021 was a year of growth and scaling,” while “2022 is a year of building, shipping products, and delivering better and more accessible gameplay experiences.”
https://techcrunch.com/2022/05/04/why-axie-infinitys-co-founder-thinks-play-to-earn-games-will-drive-nft-adoption/
Its co-founder Jeff “Jiho” Zirlin told TechCrunch that “2021 was a year of growth and scaling,” while “2022 is a year of building, shipping products, and delivering better and more accessible gameplay experiences.”
https://techcrunch.com/2022/05/04/why-axie-infinitys-co-founder-thinks-play-to-earn-games-will-drive-nft-adoption/
April 08, 2022, 05:01:28 PM
Damnit guys that explains why binance pump cartel pumps it this much. I cant even imagine where it goes with that much capital. Still from the investment standpoint I do not see how Axie is better than small capped competing coins with tons of room for growth. Potential upside and percentage is what matters. Unduly overvalued.
do you realize they're the biggest NFT game with billions in revenue last year alone?
and the biggest dapp in DAU?
I mean, it's not like our average shitcoin...
April 08, 2022, 09:09:32 AM
Damnit guys that explains why binance pump cartel pumps it this much. I cant even imagine where it goes with that much capital. Still from the investment standpoint I do not see how Axie is better than small capped competing coins with tons of room for growth. Potential upside and percentage is what matters. Unduly overvalued.
April 07, 2022, 10:13:26 AM
Devs announced that they got 150 million usd with partners like Animoca, binance and others
and they already have a plan to restore functionality of the bridge.
Origin game with new graphics and mechanics is ready for playing on computer today too.
the hack was definitely a huge problem, but they keep building and will stay around.
and they already have a plan to restore functionality of the bridge.
Origin game with new graphics and mechanics is ready for playing on computer today too.
the hack was definitely a huge problem, but they keep building and will stay around.
April 04, 2022, 10:28:26 AM
Yeah and my ethereum got stolen too. I can't withdraw it from ronin caused by all of ethereum already drained and the hacker is starting to sending it into the tornado cash. How shitty the developer of axie is.
Please dev sell AXS in your treasury to reimburse your players. I have a few ethereum and can someone withdraw ethereum from ronin?
So, the dev needs to reimburse 600 millions USD that will be sent to the tornady by hacker.
The worst project.
Please dev sell AXS in your treasury to reimburse your players. I have a few ethereum and can someone withdraw ethereum from ronin?
So, the dev needs to reimburse 600 millions USD that will be sent to the tornady by hacker.
The worst project.
March 30, 2022, 08:13:03 AM
on the article they say they just learned about it on the 29th because an user tried to withdraw 5,000 ETH from the bridge but couldn't.
the main things that make me confuse are:
why the hacker didn't take the AXS and SLP from the bridge too?
No more details but it sounds like hackers stole funds in bridge pool and Axie Infinity even did not know about this until one user can not withdraw fund because hot wallet is empty after that hack. I guess it is what happened from news we have so far.the main things that make me confuse are:
why the hacker didn't take the AXS and SLP from the bridge too?
Quote
regarding taking more money, check the article
this is the biggest breach in crypto story, even bigger than poly, the hacker took 624 million dollars.
It's the worst ever hack in history in total value and it is worst because of long day from the hack until the day it was detected. this is the biggest breach in crypto story, even bigger than poly, the hacker took 624 million dollars.
March 30, 2022, 08:09:53 AM
scam shit continues
March 30, 2022, 07:51:04 AM
It's strange to know the hack happened last week and only be known this week, after more than 6 days since the hack.
I am not sure why the hacker(s) did not make more attempts because there are 6 more days to exploit more. Or Sky Mavis team known about it but did not want to publicly announce it 6 days or a few days ago?
I am not sure why the hacker(s) did not make more attempts because there are 6 more days to exploit more. Or Sky Mavis team known about it but did not want to publicly announce it 6 days or a few days ago?
on the article they say they just learned about it on the 29th because an user tried to withdraw 5,000 ETH from the bridge but couldn't.
the main things that make me confuse are:
why the hacker didn't take the AXS and SLP from the bridge too?
regarding taking more money, check the article
this is the biggest breach in crypto story, even bigger than poly, the hacker took 624 million dollars.
March 29, 2022, 09:23:21 PM
It's strange to know the hack happened last week and only be known this week, after more than 6 days since the hack.
I am not sure why the hacker(s) did not make more attempts because there are 6 more days to exploit more. Or Sky Mavis team known about it but did not want to publicly announce it 6 days or a few days ago?
I am not sure why the hacker(s) did not make more attempts because there are 6 more days to exploit more. Or Sky Mavis team known about it but did not want to publicly announce it 6 days or a few days ago?
March 29, 2022, 03:43:48 PM
Sky Mavis team suffered a huge exploit this week putting them on top of the rekt.news leaderboard (when they report it)
Community Alert: Ronin Validators Compromised
Funds on Ronin chain are safe but the birdge and Katana are now paused
i suggest that those interest read about the article
this is the address of the exploiter that is still holding most of the funds
https://etherscan.io/address/0x098b716b8aaf21512996dc57eb0615e2383e2f96
173,600 Ethereum and 25.5M USDC
Community Alert: Ronin Validators Compromised
Funds on Ronin chain are safe but the birdge and Katana are now paused
i suggest that those interest read about the article
this is the address of the exploiter that is still holding most of the funds
https://etherscan.io/address/0x098b716b8aaf21512996dc57eb0615e2383e2f96
173,600 Ethereum and 25.5M USDC
March 25, 2022, 11:32:08 AM
they have more than 1 bilion in assets on their treasure and in the future AXS holders will govern the decisions on what to do with it.
Long read but worth to check
After receiving huge investment capital from a16z, Axie Infinity has lot of money to use. So far, they have yet used much of capital they raised successfully. Their project has achieved big milestones and changed the gaming industry a lot. They are like a role model for later GameFi projects but I see Axie won't stop in GameFi. Metaverse is where they will head towards.Long read but worth to check
They have a big advantage than other GameFi or Metaverse projects because they have successfully (again) built their own chain, Ronin. It helps them to reduce transaction fees and fee burden on gamers. It helps them to attract gamers into Axie and helps them to maintain price of AXS, SLP somewhat. Even they have so many support mechanisms for price, they have to stop PlayToEarn reward that is harmful for their token price.
Axie Infinity has passed the limit and now they are naturally shilled on many social media channels even their project does not need to proactively do marketing.
March 25, 2022, 09:10:22 AM
new article by the Sky Mavis team that may be important for all those interested in Axie Infinity
The Axie Community Treasury & Progressive Decentralization
they have more than 1 bilion in assets on their treasure and in the future AXS holders will govern the decisions on what to do with it.
Long read but worth to check
The Axie Community Treasury & Progressive Decentralization
they have more than 1 bilion in assets on their treasure and in the future AXS holders will govern the decisions on what to do with it.
Long read but worth to check
March 11, 2022, 11:37:52 AM
I personally find the Axie gameplay a bit dull and predictable. There are plenty of similar / better upcoming games that will no doubt reduce the player base for Axie.
you can be very right with that but i also think it's a big plus to Axie that it was the very first real P2E game that started all those new upcoming games and a lot of people will stick to it just because of that , also i think that it is going to get better gameplay with time March 08, 2022, 07:45:34 AM
Possible the gamers Will leave this game if hard to get slp on adventure. I'm play this game because that, when to behard so what benefit Will player get
that already removed by the team to prevent the botters to farm more and more SLP to be dumped into the market.Katana has USDC listed so those who wish can trade their assets to a "stable" coin.
but they are probably not including it as an in-game asset, not sure
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