Axie Infinity

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The developers have managed to delete the fake message and remove the MEE6 bot from the main server. 

cointelegraph.com

Axie Infinity's Discord bot compromised, hackers issue fake minting message

In late March, Ronin bridge, an Ethereum sidechain built for the widely popular play-to-earn (P2E) NFT game Axie Infinity to handle surging demand from gamers, was hacked for over 173,600 Ether (ETH) and 25.5 million USD — a combined value of over $600 million.
The company’s official report regarding the hack noted that the hackers managed to get access to validator nodes, which resulted in the compromise of five validator nodes, a threshold also required to approve a transaction.
Currently, the Ronin chain consists of nine validator nodes, and the hacker managed to get access to four of them and a third-party validator run by Axie DAO. This Axie DAO node was the root cause of the exploit last year. The DAO gave its access to Sky Mavis, the developers behind the game to sign off on transactions on its behalf. Because the access was never revoked, hackers leveraged it to their benefit by turning it into backdoor access, leading to a multi-million dollar hack.
In the aftermath of the exploit, the Ronin bridge was closed, and all the deposits and withdrawals were halted for investigation purposes.
In response to the hack, Axie Infinity co-founder and COO Aleksander Leonard Larsen said at the time that they would be adding several new validators to the Ronin Network to decentralize the network further. The game developers also promised to increase the number of validator nodes from nine to 21 in the future.
The Inevitable Future
In the end, Sky Mavis managed to raise $150 million from crypto exchange Binance and other investors to reimburse the affected users.
But not every project can afford to bail out its users, and according to data from Dune Analytics, funds worth more than $21 billion are locked on Ethereum bridges.
Moreover, bridge hacks are becoming quite common in the cryptocurrency industry. Data from Chain Analysis suggests weakness in bridges has led to more than $1 billion stolen in cryptocurrency over a year across seven different incidents.
While many believe bridges are the single most significant potential point of failure in crypto, others say that’s not true. “Bridges are an incredibly critical piece of infrastructure at this point,” Kanav Kariya, president of Jump Crypto, said in an interview after the $300 million hack of Wormhole bridge. “We are strongly moving toward a multi-chain world.”
Ethereum co-founder Vitalik Buterin has warned that bridges have “fundamental security limits,” although he is optimistic about a “multi-chain blockchain future.” Meanwhile, popular commentator “ChainLinkGod” has asserted that “the implementation and adoption of cross-chain smart contracts and token bridges are inevitable,” and “given that it’s going to happen regardless, the goal shouldn’t be to avoid cross-chain, but have protections in place.”
A Decentralized, Non-custodial Bridge
This is why DotOracle, the first decentralized, non-custodial liquidity bridge on the Casper Network is more secure. After all,  the more decentralized a blockchain bridge, the more secure it is.
To ensure the decentralization and security of the bridge, the DotOracle bridge will have about 15 validator nodes which will be further increased in phase 2 after the mainnet version becomes stable.
DotOracle is a decentralized network of independent nodes designed to be censorship-resistant. It can continue providing its service as long as two-thirds of the network nodes are online.
The project is primarily building a decentralized oracle and cross-chain liquidity network (bridge) on the Casper Network, the future-proof, proof-of-stake blockchain built off the Casper CBC specification.
Casper is designed to fast-track enterprise and developer adoption of blockchain technology today and to meet user needs in the future.
Transferring Assets Securely
DotOracle offers fast asset transfer confirmation with a highly secure distributed consensus protocol PBFT. Meanwhile, the non-custodial service is provided through the Elliptic Curve (EC) Multisignature scheme, which means users have complete control over their assets during the transfer.
Another feature of DotOracle is bonded network with slashing, meaning any nodes must deposit an amount of DTO token to the DotOracle smart contracts. A violation of the mechanism leads to the burning of the token deposit, which discourages validator misbehavior.
This robust penalty slashing mechanism is implemented to incentivize every node to follow the protocol to be rewarded in DTOs by providing proper service to users.
DTO is a governance token with a total supply of 100 million. Validators are rewarded in DTO for providing the service to DotOracle. Anyone can operate a node, but to become a validator node, one must deposit a minimum of 500,000 DTO to DotOracle smart contracts.
Recently, DotOracle launched the testnet of its multi-chain bridge that aims to transfer digital assets back and forth between different blockchains in a fast, decentralized, secure way.
This coming quarter, the team will launch its mainnet that will allow you to transfer assets between all the chains supported by DotOracle Network, including Casper Network, MoonBeam Polkadot, Ethereum, Binance Smart Chain, Polygon, Fantom, Avalanche, Tomochain.


In late March, Ronin bridge, an Ethereum sidechain built for the widely popular play-to-earn (P2E) NFT game Axie Infinity to handle surging demand from gamers, was hacked for over 173,600 Ether (ETH) and 25.5 million USD — a combined value of over $600 million. The company&#8217;s official report...

newsbtc.com

Amidst the Mounting Risks to Bridge Security, A New Non-custodial Liquidity Bridge Focuses on Decentralization

Crypto markets are crashing and it seems every other digital asset has been in the red for the longest time – including Axie Infinity’s Smooth Love Potions (SLP) which is now at a sob figure of zero. 
The currency has been going down, especially since the market is saturated by players rushing to the game. Sadly, the SLPs are now worth nothing and won’t even round up to a penny even if you add it all up.
Lars Doucet, Axie Infinity game developer, tweeted Thursday that SLP is down to $0.004 which would give you a rough estimate of $0.00.

Damn, Axie Infinity's SLP (Smooth Love Potion) utility currency went to zero! (approximately). It's now down to $0.004, rounding to the closest cent gives you $0.00
There's more to Axie than SLP, but still pic.twitter.com/tAQcPfUbCj
— Lars "Totally Texas" Doucet (@larsiusprime) May 12, 2022

Suggested Reading | Twitter Shares Shed 20% As Elon Musk Says $44 Billion Takeover Deal Postponed
Pioneering The P2E NFT Trend
Axie Infinity has been a pioneer in the trending play-to-earn NFT games. Being the frontrunner, it’s the first NFT game to reach its saturation level in the market.
In the game, the players would breed, train, and trade these Axies. More so, players get to earn SLPs when playing the game. The value of the Axie SLP hit $0.35 in 2021 and has been spiraling down since then.
The Fall Of Smooth Love Potion
The decline of Smooth Love Potion showcases the challenges associated with P2E NFT gaming. Players would definitely need to find more ways to earn tokens with mechanics in place to boost their value.
Axie Infinity tried to increase SLP value by eliminating SLP farming from the game; the single-player adventure mode in particular. Next, they have recently allowed players to burn SLP by joining tournaments to increase the prize pool.
However, despite all these improvements, the game seems to have had a hard time recovering. Axie Shards peaked at $150 in 2021 but have now crashed below $20.

Crypto total market cap at $1.26 trillion on the daily chart | Source: TradingView.com
Crypto Going Down
Cryptocurrencies are now cratering, including the top guns like Bitcoin and Ethereum. The fall of Terra (LUNA) was catastrophic because – from its all-high of $119.18 on April 5 – it disintegrated to nothing, at $0.01.
LUNA’s demise has been associated with alleged personal attacks on the token, not to mention the overwhelming withdrawals.

LUNA bore the brunt of this year's massive selloffs resulting in its total collapse (Business Today)
The Origin Launch
In the case of Axie Infinity, its developers are pushing forward despite the staggering decline. They are optimistic about it and have even launched Axie Infinity: Origin, the mobile Android version of the game.
Developers are over the moon about this new release as Axie Infinity is now more accessible to all players than ever.
Suggested Reading | LUNA Investors ‘Suicidal’ After Crypto’s Collapse – Do Kwon Says He’s ‘Heartbroken’
Featured image from Axie Infinity Marketplace, chart from TradingView.com


Crypto markets are crashing and it seems every other digital asset has been in the red for the longest time – including Axie Infinity’s Smooth Love Potions (SLP) which is now at a sob figure of zero. The currency has been going down, especially since the market is saturated by players rushing to ...

bitcoinist.com

Axie Infinity’s SLP Currency Value Now Almost Zero

Axie Infinity Shards (AXS) appear to be one of the only cryptocurrencies to trade up slightly in the past 24 hours, despite the current bear market. Buyers appear optimistic over the blockchain game’s Origin Android APK launch, announced over Discord on Thursday.

According to the announcement, the update will include UI improvements, and a “full HD graphic” option in the game’s settings.
It will also make the game run at a faster pace by having all status and rune effects activate simultaneously. Bug fixes include decreased volume at the start of the battle and a patch to prevent users from looking at their next drawn cards without spending energy.
Finally, it will change the turn that Bloodmoon starts to turn 15. Bloodmoon is a battle effect that deals damage to all axies in the field, regardless of whether they have a shield or not.
AXS was trading at only $17 before the announcement was made. However, it quickly to rose $24.33 within five hours shortly afterward.
It’s since settled at around $22.03 at the time of writing and is now the 41st largest cryptocurrency by market cap.
Nevertheless, the broader crypto market is suffering. Bitcoin has dipped to lows unseen since December 2020, while LUNA is down an astonishing 99.9%.
AXS managed to retain its market position even after its blockchain – Ronin – was struck by history’s largest Defi hack in March.



Axie Infinity’s new Origin update brings a number of upgrades and bug fixes to the game. 

cryptopotato.com

Axie Infinity (AXS) Releases Origin Android APK

The post-apocalyptic city of Los Machines has become the hub of Play2Earn activity. After a sold-out IDO, Animoca Brands-backed Drunk Robots has partnered up with Infinity Force and 3 major guilds – has just rehauled its game economy after a sold-out IDO, increasing the rewards and making it even easier to enter the game. 
Drink, fight, earn

After ‘play to earn’ and ‘move to earn’, has the time come for ‘drink and fight to earn’? At least that’s what the robots of Los Machines do all day long: consume vast quantities of beer, then thrash each other around.
Despite this violent premise, Drunk Robots is outrageously fun – and very well designed at that. In fact, the robots look so good that the original collection of 10,101 characters was immediately sold out on Liquidifty and Binance NFT. You can currently buy robots in closed containers on the Liquidifty marketplace.
While you do need a robot to fight in the Arena or scavenge $METAL, there are several mini-games that you can play 100% free – such as Knockout, where you have to shoot at other robots before they shoot you.
The project counts 23,000 Discord members, over 64k Twitter followers, and 39k Telegram channel subscribers – for a total of 126 thousand users in the community. Few P2E games can boast such a large following just weeks after the IDO.
Drunk Robots introduces a 5,000,000 $METAL prize pool for the Arena leaderboard
The Play2Earn element of Drunk Robots is also well thought-out. Players earn prizes for participating in battles – and then they get even more if they manage to rise to the top of the leaderboard at the end of the season. This creates a strong incentive to compete in the Arena every day.
On May 4, the team announced big changes to the game economy ahead of the second season, which starts on May 6.
First of all, the seasonal prize pool for PvP (player versus player) battles is increased to 5 million $METAL tokens. A single robot can earn a player around 3,840 $METAL a month.
The creators have also updated the prices of containers with robots, equipment, and energy booze (a special energy drink that robots need after a brawl).
Starting from the second half of the season, players will need to take part in at least 5 battles every 24 hours to keep farming $METAL – or face a drop in the farming speed.
4 major gaming projects already collaborate with Drunk Robots
Drunk Robots has also been expanding its roster of partnerships, adding three major gaming guild projects in a few weeks:

Yield Guild Games SEA (YGG SEA, $SEA): the Southeast Asia branch of YGG, uniting 30,000 scholars across 18 countries;
Avocado DAO ($AVG): a community of 11,000 scholars playing games like Axie Infinity and Revv Racing;
Skill Guilds: providers of an advanced guild manager dashboard and a guild-building SDK.

The latest partner to be announced is Infinity Force ($YNFF), a platform that connects players, guilds, and games.
These collaborations follow a strategic partnership with Merit Circle, perhaps the most influential DAO in the blockchain gaming industry.

Apart from these gaming partners, Drunk Robots boasts an exceptionally strong list of backers among venture firms, including Animoca Brands, Shima Capital, Moonrock Capital, and DEX Ventures, as well as Gate.io, ZB.com, and Oracles Investment Group.
$METAL IDO sold out on 3 launchpads
Amid all this partnership-building, Drunk Robots also held a highly successful IDO for its $METAL token. On April 7, three launchpads – Liquidifty, TrustPad, and GameFi – together sold 25,000,000 $METAL at $0.01 each, raising $250,000. Once $METAL was listed on PancakeSwap and Gate.io, the price rose over 300% above the IDO price to reach $0.43.
$METAL has many uses in the Drunk Robots economy:

reward payouts and scavenging (farming);
leveling up robots and their equipment;
drunk races (yes, it’s a completely legit activity for robots);
re-rolling opponents in PvP battles, and much more.


Drunk Robots’ roadmap for the next few months includes more detailed visualizations in the PvP arena; gangs and clans; farming virtual land, and more. To get your first robot and start earning $METAL, visit https://drunk-robots.com/ .


The post-apocalyptic city of Los Machines has become the hub of Play2Earn activity. After a sold-out IDO, Animoca Brands-backed Drunk Robots has partnered up with Infinity Force and 3 major guilds – has just rehauled its game economy after a sold-out IDO, increasing the rewards and making it even...

Axie Infinity price	$20.94
Low - High 24H	$20.43 - $21.34
Market cap	$1.67B
Volume 24H	$135.70M
All time high	$164.90 -87.30% November 6th 2021
All time low	$0.123718 16828.75% November 6th 2020
Genesis date	N/A

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