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Sega Boss Says Company Pivoting Away From That Dumb NFT Game

With crypto becoming a hell of a lot less appetizing over the last few months thanks to numerous crimes and scandals, game companies that were once so hungry for ballooning crypto profits have been creeping their chairs away from the dinner table, inch by squeaking inch.The Biggest Crypto Heists of 2022…So FarSega co-Chief Operating Officer Shuji Utsumi told Bloomberg in an interview that the company is no longer interested in making blockchain-based projects for its Sonic The Hedgehog and Yakuza franchises. Putting a

Axie Infinity Head Defends $3 Million Crypto Transfer

Image: Axie InfinitySky Mavis, the developers of the routinely mauled “play-to-earn” NFT-based game Axie Infinity, are now having to fight back accusations executives had transferred funds out of the main game as the attack was going on, before the company even announced that users had been swindled.Bloomberg first reported this past Thursday about an apparent transaction Mavis CEO Trung Nguyen made, equivalent of $3 million of Axie’s main token AXS, from the Axie blockchain over to crypto exchange Binance. This

Sky Mavis Says Axie Infinity and Ronin Network Are Restarting

Photo: JOCA_PH (Shutterstock)NFT-based play-to-earn game Axie Infinity is back, and developers are promising on hands and knees that things will be different now. So please, hop back on your computer and grind, grind for that sweet ether.Bloomberg first reported that Sky Mavis, the developers of Axie Infinity, confirmed they planned to re-start its Ronin Network, which was breached back in March. The company confirmed their plan to re-open the Ronin Bridge Thursday in their most recent newsletter. The update is apparently

Mattel Partners With Web3 Platform for Playable ‘Cryptoys’

Photo: Patrick T. Fallon (Getty Images)Mattel, the toymaker behind plastic classics like Barbie and Hot Wheels announced it’s partnering with the NFT platform “Cryptoys” to create playable, customizable NFTs. If you, for some reason, happen to be on the fence about luring kids into the metaverse with their favorite toy brands, this story’s probably not for you.The announcement, first reported by Fast Company, will see Mattel sell its toys as NFTs which can then be used on the Flow Blockchain. On the platform, users can