Axie Infinity SLP and AXS Tokens Explained

Sotheby’s has announced that it will use a Dutch auction format for the first time in its 300-year history for a digital sale celebrating the renowned artist Vera Molnár, according to information provided to nft now. The sale will inaugurate the launch of the legacy auction house’s Gen Art Program powered by Art Blocks’ Art…

On Friday, June 9, Crypto.com, the Singapore-based cryptocurrency exchange, announced the suspension of its institutional exchange services in the United States, according to a statement from the company. The decision, set to take effect starting June 21, 2023, is primarily attributed to the lackluster demand from institutional customers in the prevailing market scenario. Institutional clients,…

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The Securities and Exchange Commission (SEC) has intensified its regulatory scrutiny on Web3 gaming. In a June 5 lawsuit filed against Binance, the world’s largest cryptocurrency exchange, it identified three individual gaming and metaverse tokens that it believes to be securities. Axie Infinity (AXS), The Sandbox Game (SAND), and Decentraland (MANA) were among the tokens named….

Today (Feburary 17, 2023), the world’s largest NFT marketplace, OpenSea, made major waves throughout Web3. Without warning, they unveiled significant changes to their creator royalty and fee structure — changes that will have a dramatic impact on both collectors and creators who use the platform. Just moments ago, the company published a Twitter thread on…

In 2018, millions of people were unwittingly onboarded to Web3. This mass onboarding happened thanks to Axie Infinity, a pay-to-earn (P2E) video game that lets users earn real cash. Although an array of (very vocal) detractors continue to staunchly oppose blockchain gaming, the space has grown considerably in recent years. In fact, from 2021 to…