In an official announcement today, Ronin Network, a blockchain supporting the crypto game Axie Infinity, said it suffered a major security breach in which hackers made off with close to $625 million ...

Chalk it up as the latest blockchain failure. The roughly four-year-old GameFi market, a sector of the cryptocurrency economy, has been another dud for investors. Axie Infitity (AXS) has lost almost ...

The runaway success of Axie Infinity and StepN has convinced a flurry of entrepreneurs that web3 gaming, where the ownership of in-game assets is in the hands of users via blockchain adoption rather ...

Blockchain-based gaming is being adopted at an increasingly rapid rate, new data suggests, even as the popularity for other applications such as non-gaming tokens and decentralized finance (DeFi) show ...

Last week marked the one-year anniversary of the Ronin network hack, when the blockchain that powers the non-fungible token (NFT)-based Axie Infinity video game was exploited for a record-shattering ...

Not too long ago, most in-game items existed in a closed ecosystem. Players could spend hundreds of hours unlocking rare ...

Play-to-earn (P2E) management platform Infinity Force has revealed that it has raised $5.5 million from a Seed funding round. The round was led by Animoca Brands, with funding intended to scale the ...