News with the tag "infini"

In light of the anticipated release of GTA 6, gamecoins could be big beneficiaries.

In a shocking turn of events rocking the crypto world, Infini, a cryptocurrency credit card provider, has leveled serious accusations against one of its own smart contract engineers. The charge? A staggering $50 million theft allegedly executed through a clandestine “super admin” access. This incide...

In the fast-paced world of cryptocurrency, rumors and speculation can spread like wildfire, often causing unnecessary panic and concern among users. Recently, whispers began circulating about a potential security breach at fintech startup Infini, fueled by the aftermath of the Bybit hack. These repo...

The US Securities and Exchange Commission (SEC) is investigating a security claim again, this time regarding another gaming token. To that end, Cyberkongz has notified its users that the SEC has issued it a Wells Notice for not registering the blockchain game as a security. The NFT gaming project Cy...

A massive 66.75% holders of AXS are currently in loss, down from 91% in April. 0% of LINK users are at a loss, down from 48.35% in April. The altseason market cap has formed a bullish cup and handle formation. A significant 66.75% of holders of the blockchain-based trading and battling game, Axie In...

On December 3, the U.S. government moved $33.6 million worth of cryptocurrency seized during the collapse of FTX and Alameda Research to two unidentified addresses. The transfers involving tokens such as Ethereum (ETH), Binance USD (BUSD), Wrapped Bitcoin (WBTC), and Shiba Inu (SHIB) stirred curiosi...

Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce. The com...

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

The company says the move, which will affect 50 of its 250 employees, is part of a strategic realignment rather than financial distress.

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts. Sky Mavis, the developer of the blockchain-based game Axie Infinity, said it will lay off 21% of its staff —…