Axie Infinity

‘Move-to-earn’ Solana app StepN is latest crypto gaming craze

Since its launch in December, StepN, an app that lets users walk and run to earn tokens, has quickly become a household name in the play-to-earn blockchain gaming, or GameFi, world. Two to three milli

Drip aims to provide thrill of live commerce to NFTs, physical collectibles

Drip is "Shopify for livestream commerce,” providing tooling so users can run live stream auctions, drops or buy it now formats via Drip’s existing marketplace. 

Animoca Brands plans to add education to its multibillion-dollar NFT and gaming business

Animoca Brands has grown into one of the biggest firms in the metaverse, play-to-earn gaming and NFT worlds, but it wants to enter a new sector: education.

Crypto gaming is growing, but can it reach people outside of the web3 world?

Some crypto games are considering the free-to-play model as a way to help new gamers enter the often gated crypto gaming market, which is known for having a play-to-earn model.

Why Axie Infinity’s co-founder thinks play-to-earn games will drive NFT adoption

As we’re almost halfway through 2022, a question stands: Is Axie holding up to its hype?

‘Decentralized’ web3 startups find out the hard way there’s no safety net

When the Vietnam-based outfit behind the crypto game Axie Infinity was hacked last month — hackers stole upward of $625 million in Ethereum from its blockchain, with the FBI now pointing fingers

North Korean hackers are targeting blockchain companies with malicious crypto-stealing apps

The U.S. government has warned that North Korean state-backed hackers known as the Lazarus Group are targeting organizations in the blockchain industry using trojanized cryptocurrency applications. In

Daily Crunch: To complicate Musk’s attempt to swallow Twitter, board approves ‘poison pill’ strategy

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

US officials link North Korean Lazarus hackers to $625M Axie Infinity crypto theft

U.S. officials have linked North Korean state-backed hacking group Lazarus to the recent theft of $625 million in cryptocurrency from the Ronin Network, an Ethereum-based sidechain made for the popul

Will Apple build its own blockchain?

Hello readers, and welcome back! Last week, I wrote about the issues facing Axie Infinity in the wake of a $625 million heist. This week, I’m talking about Apple and crypto. If you like my rambl

What the Binance bailout of Axie Infinity means for crypto’s future

Why did Binance step in to rescue a startup it hadn’t put any money into previously? One obvious answer could lie in the fact that Axie’s success is seen as critical to the success of crypto overa

Axie Infinity creator raises $150M round to compensate victims of ~$625M Ronin hack

Vietnamese gaming studio Sky Mavis announced that it has raised $150 million in funding led by crypto exchange Binance to help reimburse users who lost funds during a ~$625 million hack of its play-to

Q1 crypto losses spike 695% on year following massive hacks

Experts say that as more people and capital flood into crypto, there will subsequently be more losses.

Instacart now delivers market trends

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Welcome to our Friday show! Our regular co-host Natasha was of

Axie Infinity’s Ronin network suffers ≈$625M exploit in largest DeFi hack to date

Crypto gaming giant Axie Infinity, which raised last year at a $3 billion valuation from a16z, was already having a catastrophic week. It just didn’t know about it until this morning. The popula

Jambo raises $7.5M from Coinbase, Alameda Research to build ‘web3 super app’ of Africa

Jambo, a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5

Despite blockchain gaming’s play-to-earn angle, I prefer to pay

I can't get that hyped about blockchain gaming — I want to have fun, not monetize my experience.

Blockchain gaming survey: 7 investors discuss regulation, opportunities and NFT hype

There’s still a haze of uncertainty surrounding blockchain games, so we reached out to several active investors in to get a clearer picture of where opportunities exist today and what they see on th

Crypto gaming giant Dapper Labs takes its next shot with Genies NFT platform ‘The Warehouse’

As they near the end of a blockbuster year for NFTs that saw more than $10 billion in transaction volume, today’s NFT project developers are finding themselves facing a dilemma — whether t

Studio behind ‘early access’ crypto game Blankos Block Party banks monster $1.25B valuation from a16z

A16z Crypto has been minting plenty of NFT unicorns this year. In July, they backed NFT marketplace OpenSea at a $1.5 billion valuation. They participated in a September raise for NBA Top Shot-maker D
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