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Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode

Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode

by Ezra Reguerra | Aug 12, 2022 | Uncategorized

The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token. Play-to-earn (P2E) blockchain game Axie Infinity (AXS) has completely removed the token rewards from its classic game mode to attract its users to a new game...
Binance recovers the majority of funds stolen from Curve Finance

Binance recovers the majority of funds stolen from Curve Finance

by Ezra Reguerra | Aug 12, 2022 | Uncategorized

Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds. Crypto exchange Binance has recovered a big part of the funds from the recent hack that targeted the decentralized finance (DeFi) protocol Curve...
The Philippines halts virtual asset provider license applications

The Philippines halts virtual asset provider license applications

by Ezra Reguerra | Aug 11, 2022 | Uncategorized

The Banko Sentral ng Pilipinas said that the closing of VASP applications begins on Sept. 1, 2022, and will last for three years. While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central...
How do you pick your next NFT? Community responds

How do you pick your next NFT? Community responds

by Ezra Reguerra | Aug 11, 2022 | Uncategorized

Redditors discussed various strategies on how they pick the next NFT collection that they will invest in. Since it may be a good time to buy nonfungible tokens (NFTs) as the floor prices are lower, a Reddit user asked the community what they look for when searching...
OpenSea introduces new stolen item policy to combat NFT theft

OpenSea introduces new stolen item policy to combat NFT theft

by Ezra Reguerra | Aug 11, 2022 | Uncategorized

A Twitter user claimed that they purchased a stolen NFT and OpenSea support advised them to sell it on another marketplace. As asset theft remains one of the biggest headaches in the nonfungible token (NFT) space, NFT marketplace OpenSea is making an effort to tailor...
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