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Axie Infinity looking to ‘double-down’ on Korean market: KBW

Axie Infinity looking to ‘double-down’ on Korean market: KBW

Sky Mavis, the firm behind Play-to-Earn (P2E) heavyweight Axie Infinity is looking to “double down” in South Korea and ramp up adoption despite the regulatory hurdles. Speaking with Cointelegraph at the Korea Blockchain Week on Aug. 9 (local time), Sky Mavis co-founder and growth lead Jeffrey Zirlin stated that despite…

GameFi and Metaverse least affected by Terra debacle: Report

GameFi and Metaverse least affected by Terra debacle: Report

Blockchain gaming and the Metaverse have managed to “sidestep” the “Lehman brothers-like” collapse of Terra in May — though decentralized finance (DeFi) and nonfungible tokens (NFTs) haven’t been so lucky, a report says.  In a Friday report from decentralized application (DApp) data aggregator DappRadar, the collapse of Terra in May was…