Trending News

Binance Promises Compensation After Market Depeg Incident

Bitget Expands Reward Strategy With Early Hunter Airdrop

Ethereum Slips 12% as Crypto Faces Largest Liquidation Event in History

XRP Price Plunges 55% in Flash Crash Amid Massive Long Liquidation 

European Commission Defends Current Stablecoin Rules ECB Raises Concerns

Bitcoin Drops Below $110,000 in Major Liquidation

Follow Us

Facebook Instagram X-twitter Telegram Linkedin Rss
NameCoinNews
  • News
    • Cryptocurrency
    • Crypto Exchange
    • Blockchain
    • Regulation
    • Crime
    • Web3
  • Markets
    • Price Predictions
    • Price Analysis
    • ETFs
  • Crypto Gambling
    • Best Crypto and Bitcoin Casinos
    • Best Crypto and Bitcoin Gambling Sites
    • Best Crypto No Deposit Bonuses
    • Best Dogecoin Gambling Sites
    • View More
  • Events
  • Presales
  • Blog
  • News
    • Cryptocurrency
    • Crypto Exchange
    • Blockchain
    • Regulation
    • Crime
    • Web3
  • Markets
    • Price Predictions
    • Price Analysis
    • ETFs
  • Crypto Gambling
    • Best Crypto and Bitcoin Casinos
    • Best Crypto and Bitcoin Gambling Sites
    • Best Crypto No Deposit Bonuses
    • Best Dogecoin Gambling Sites
    • View More
  • Events
  • Presales
  • Blog
×Global Blockchain ShowGlobal Blockchain Show
NameCoinNews
  • News
    • Cryptocurrency
    • Crypto Exchange
    • Blockchain
    • Regulation
    • Crime
    • Web3
  • Markets
    • Price Predictions
    • Price Analysis
    • ETFs
  • Crypto Gambling
    • Best Crypto and Bitcoin Casinos
    • Best Crypto and Bitcoin Gambling Sites
    • Best Crypto No Deposit Bonuses
    • Best Dogecoin Gambling Sites
    • View More
  • Events
  • Presales
  • Blog
  • News
    • Cryptocurrency
    • Crypto Exchange
    • Blockchain
    • Regulation
    • Crime
    • Web3
  • Markets
    • Price Predictions
    • Price Analysis
    • ETFs
  • Crypto Gambling
    • Best Crypto and Bitcoin Casinos
    • Best Crypto and Bitcoin Gambling Sites
    • Best Crypto No Deposit Bonuses
    • Best Dogecoin Gambling Sites
    • View More
  • Events
  • Presales
  • Blog
Advertise

Axie Infinity to Implement Ethereum Proof of Stake

byKelvin Maore
September 7, 2022
in Cryptocurrency News

Following the Ethereum Merge, Axie Infinity and Ronin Bridge will implement Ethereum Proof of Stake (ETHPoS), according to a message made on Tuesday by the Axie Infinity team. Axie Infinity will close the Ronin bridge 24 hours just before the Merge and reopen it once we have received confirmation of support for the Merge to protect the Merge’s integrity.

Additionally, ETHPoW (Ethereum Proof of Work) support won’t be offered. Customers are urged to change their Ronin WETH into Ethereum before the Ronin bridge is shut down to get exposure to ETHPoW.

Anyone can earn token rewards for playing skillfully and enhancing the ecology in the virtual pet universe known as Axie Infinity on the Ethereum blockchain. It draws inspiration from the Pokémon brand. The Vietnamese gaming studio Sky Mavis, which Trung Thanh Nguyen and Aleksander Larsen also co-founded, was released in 2018. In an open-ended customizable gaming universe, players can exchange their Axies and other tokenized in-game goods like plots of land. The platform offers several tools that users may use to customize their game experience and find new ways to contribute to the Axie Infinity universe. 

Online games based on non-fungible tokens have become increasingly popular since 2017, but their stratospheric climb has only begun. Axie Infinity enables users to acquire, breed, battle, and trade virtual beings called Axies, similar to games like CryptoKitties (the game that started the NFT gaming frenzy).

Each Axie is a distinct NFT that may be crossed to create new Axies or traded through a P2P Axie market within the game. Axie Infinity Shards (AXS) and Smooth Love Potions are two ERC-20 tokens that players may use to make money in addition to raising and trading Axies (SLP). As the primary Axie Infinity coin, AXS serves as the game’s primary governance system, allowing users to shape the direction the platform takes.

Previous Post

Chainlink (LINK) All Set to Boost After Consolidation Ends!

Next Post

Bitcoin Cash (BCH) Fails Poorly During the Rebound!

Kelvin Maore

Kelvin Maore

Kelvin M. Maore is a seasoned crypto market analyst with half a decade of hands-on expertise. Through concise updates and a creative flair for storytelling, he demystifies blockchain developments, guiding readers confidently through every market twist.

twitter linkedin
Global Blockchain ShowGlobal Blockchain Show
Search
No Result
View All Result
google news google news
Facebook Instagram X-twitter Telegram Linkedin Rss
NameCoinNews

NameCoinNews is your go-to platform for the latest cryptocurrency updates, market trends, and expert insights on Bitcoin, Ethereum, and beyond. We deliver in-depth price analysis, blockchain innovations, and regulatory news, empowering crypto enthusiasts and investors with reliable, real-time information.

News Beats

  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • NFT
  • Crime
  • Regulation

Insights

  • Price Prediction
  • Price Analysis
  • Crypto ETFs
  • Crypto Events
  • Crypto Presales
  • Crypto Glossary

Connect With Us

  • About Us
  • Advertise
  • Press Release
  • Contact Us
  • Team

Quick Links

  • Sitemap
  • Editorial Policy
  • Disclaimer
  • Privacy Policy

Disclaimer: Content on NameCoinNews is for informational purposes only and should not be taken as financial, legal, investment, or tax advice. The crypto market is volatile, and investors can incur losses. We are not liable if a reader incurs losses due to reliance on our content. We would strongly suggest that readers carry out their own research and consult an expert before making any investment. With the content presented on the website, we try to be as accurate as possible, but NameCoinNews does not guarantee it and is not responsible for any decisions made by the reader based on our content. Our content should not be used without our permission, which includes copying or redistribution. For more, see our Terms and Conditions and Privacy Policy.

© Copyright 2025. All Rights Reserved.

cross