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After a heated run in previous cycles, 2025 saw a massive decline in funding for GameFi projects, forcing many studios to close down as incentives dried up. GameFi’s funding collapse in 2025 exposed broken token models, while a quieter shift…
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Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts. Sky Mavis, the developer of the blockchain-based game Axie Infinity, said it will lay off 21% of its staff —…
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Ronin Network recovered roughly $10 million in digital assets lost to an MEV exploit early on Aug. 6. According to an X post, whitehats returned around 4,000 Ethereum (ETH) taken from Axie Infinity’s Ronin Bridge via a Maximum Extractable Value…
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Axie Infinity’s Ronin Bridge has suspended all operations following the draining of over $10 million worth of cryptocurrency from the protocol. Ronin Bridge (RON), a multi-signature cross-chain bridge that connects various networks with the Ronin Network, was allegedly exploited on…