The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in!
Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re debuting This Week in Crypto Games.
Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few of our original stories from the week.
Biggest news
Huge PIXEL launch: Surging Ronin blockchain farming game Pixels finally debuted its long-awaited PIXEL token last Monday, and it was a massive market hit. More than $1 billion worth of the token was traded in less than a day, putting it in the top 10 most-traded coins on Monday, and play-to-airdrop recipients got their tokens.
Portal breaks records: Cross-chain gaming token Portal is set to debut on February 29 on Binance, and demand is already skyrocketing. Ahead of the token listing, the crypto exchange is running a Launchpool campaign that lets customers stake BNB and FDUSD to earn PORTAL rewards—and with over $8.6 billion staked on day one, it quickly became the most successful Launchpool project to date. Final airdrop details are expected before the listing.
Play N64 on Bitcoin: Just weeks after inscribing a Super Nintendo emulator on the Bitcoin blockchain via Ordinals, the team behind the Ninjalerts app has now inscribed a Nintendo 64 emulator that can play digital files of classic games. They’re calling it a win for video game preservation, and it will be playable by owners of Pizza Ninjas assets on Ordinals.
Ronin founder’s wallets drained: Approximately $9.5 million worth of Ethereum was drained from a pair of Ronin wallets belonging to Jeff “Jiho” Zirlin late Thursday and routed through coin mixer Tornado Cash, making it difficult to track the flow. Zirlin, co-founder of Ronin and Axie Infinity, said that it was his personal wallets that were compromised, and that the attack did not impact the network itself, its Ethereum bridge, or developer Sky Mavis.
This has been a tough morning for me.
Two of my addresses have been compromised.
The attack is limited to my personal accounts, and has nothing to do with validation or operations of the Ronin chain.
Additionally, the leaked keys have nothing to do with Sky Mavis operations.…
— Jihoz.ron 🦌 (@Jihoz_Axie) February 23, 2024
ICYMI
Some news to share:
I am stepping back in as CEO of Yuga Labs. Wylie and I are grateful for all the contributions and operational rigor Daniel has brought to the company, and appreciate his thoughtfulness and mentorship over the past year. I’m reinvigorated to be taking the…
— Garga.eth (Greg Solano) 🍌 (@CryptoGarga) February 21, 2024
GG spotlight
Here are a few of our original stories from this past week that we think are well worth a weekend read:
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Source: https://decrypt.co/218910/this-week-crypto-games-pixels-token-n64-bitcoin-portal
