Infinity Financial News

Axie Infinity [AXS], the well-known play-to-earn gaming platform, has experienced a drop in crucial growth indicators in the past week, as per the latest findings from DappRadar .

The metaverse is one of the most exciting concepts in the crypto market, and major projections on its future potential have many users stoked. 

RobotEra is setting out to shake up the GameFi sector with an immersive deep space experience like never seen before.

Despite the hype around AI and China, the GameFi narrative is yet to take off in 2023. Yet one unlikely project is poised to shake up the sector – RobotEra.

Axie Infinity [AXS] has seen remarkable price movement over the last few days, according to a post by Alicharts.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Wednesday February 15th, 2023 – With only 48 hours remaining in its presale, Meta Masters Guild has surged past the $4.5 million mark in funding, a remarkable achievement for the play-to-earn gaming platform.

The investment by Nomura’s Laser Digital marks a concerted advance by traditional investment banks into the institutional DeFi or 'Hybrid Finance' space.“Infinity is building critical infrastructure for DeFi, and its protocol enabling price discovery and management of risk within DeFi is transformative for institutions,” comments Olivier Dang, head of ventures at Laser Digital. “Infinity’s groundwork paves the way for institutional flows on-chain, new levels of rates and risk innovation, and we are keen to support their advances in the hybrid finance space.”Hybrid Finance is a new term coined to describe the combination of decentralised and centralised finance, tapping the scalability of on-chain transactions by using off-chain risk management and computing.

Gaming projects in the crypto ecosystem experienced a revival recently, but  Axie Infinity [AXS] seemed to have been left behind. According to DappRadar, the blockchain-gaming ecosystem was finding it hard to attract users to its decentralized applications (dApps).

As per a 13 February report by CoinGecko, in tandem with DeFiYield’s REKT database, exploiters used an array of methods to steal nearly half of the total cryptocurrency stolen in 2022. This included circumventing verification processes, manipulating the market, smart contracts, crowd looting, and bridge exploits.

The cryptocurrency market has finally broken out of its long slump—or so it seems. Bitcoin briefly crossed the $23,000 mark, and remains under $22,500. Similarly, other tokens have also shot up in value, with many looking like they are on the verge of a bull run.

While the cryptocurrency market has been holding at its current levels, there are some concerns brewing in the market. Most notably, the issue of Digital Currency Group’s (DCG) $2 billion debt acknowledged by its founder in late November and the discounted prices of Grayscale’s Bitcoin Trust (GBTC) have stoked investors’ fears.Still, there remain projects and cryptocurrencies that showcase potential.

Monday February 6th, 2023 – The play-to-earn games platform, Meta Masters Guild, has generated over $3.2 million in its presale, as it continues with the development of its first game, Meta Kart Racers.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Thursday January 26th 2023 – Meta Masters Guild, a play-to-earn games platform, has successfully raised $1.5 million in its presale and is moving forward with the development of its first game, Meta Kart Racers.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Tamadoge is the top-performing major meme coin today, trading up 19% at $0.0176, after announcing its first game – Super Doge – will launch this week.

Monday January 23rd 2023 - Meta Masters Guild, rapidly gaining popularity as a top play-to-earn gaming platform, has raised over $1,054,000 from investors within a span of two weeks.

Axie Infinity price is at the helm of its recovery after exploding another 29% in 24 hours to trade at $12.86 at the time of writing. The NFT and gaming token extended the current green candle’s wick to $14.00, a price level that was seen last in September. It is plausible that the uptrend is just beginning and taking advantage of the push from the Chinese New Year.

On January 23, the leading cryptocurrencies such as Bitcoin and Ethereum were consolidating in narrow ranges as investors seemed to wait for a solid fundamental reason to trigger a breakout. 

Enjin Coin Price is ushering in the weekend in style, following a colossal 39% bullish move in seven days. The NFT and gaming platform has in two weeks netted 68.9% in cumulative gains, with its value growing 59.7% in a month.