ethereum
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Crypto Gaming ‘Landlords’ Upset They Can’t Keep Exploiting All The Players Quitting
Axie Infinity is the crypto-backed Pokémon clone in which cute little creatures that double as NFTs battle for fun and profit. It’s also a pyramid scheme that relies on cheap labour from countries like the Philippines to fuel its growth. Now, fictional inflation, combined with a historic crypto heist allegedly committed by North Korea, have…
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Crypto Gaming’s Biggest Success Story Scammed Out Of $833 Million
Pokémon-style NFT battler Axie Infinity was one of the biggest “success” stories in the world of crypto gaming. Now it’s responsible for one of the biggest thefts in the history of the technology. The gaming-focused blockchain Ronin Network announced earlier today that an Axie Infinity exploit allowed a hacker to “drain” roughly $US600 ($833) million…
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Discord’s Hints About Crypto, NFTs Are Tearing Its Community Apart
The CEO of Discord recently teased that the world’s largest gaming chat platform could potentially support cryptocurrency wallets. This has led many users to be nervous that their Nitro (a paid Discord service) subscriptions could be used to fund the scammy NFT ecosystem in the future. The teaser tweet caused massive opposition among Discord users,…
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A List Of Your Fave Celebrities Who Are Now Peddling NFTs
NFTs (Non-Fungible Tokens) have exploded in popularity in 2021. This sucks. NFTs use blockchain technology to allow artists and creators to sell a “special type of cryptographic token which represents sgomething unique”, so each token is one-of-a-kind. Though to be clear: only the token itself is certified as unique. The digital art, video, or whatever-file…