Sky Mavis, the developer of Axie Infinity and the Ronin gaming network on Ethereum, has announced staff layoffs even as it hints at the development of a new Axie game.

Alexey Pertsev, the creator of Tornado Cash, has been convicted of laundering $1.2B and sentenced to 64 months in jail, signalling potentially far-reaching consequences for developers working on open-source code projects.

Active AXS addresses were at a three-month high last week, and token prices surged more than 15 per cent.

Norway completed its record-high crypto seizure, confiscating approximately $5.9 million worth of digital assets.

Crypto winter has also hit the popular blockchain-based online video game sector in recent months.

Token prices for most Play-to-Earn (P2E) games crashed with the rest of the crypto market in 2022.

Ethereum continues to thrive. With the Merge drawing closer, soon all the data held on the Ethereum mainnet will be ...