Axie Infinity (AXS), a non-fungible token (NFT) and blockchain-based online video game, has postponed a significant upgrade while the team investigates the ramifications of the current security compromise.
Battles V3, also known as Axie Infinity: Origin, is a new fighting system that will involve fast-paced action. The update was supposed to go live today, but it has been postponed until April 7.
In a statement, the team stated,
“We had planned to launch Origin today, but due to yesterday’s security attack, we decided to refocus our efforts and push the launch date back by one week.”
The update is ready to go, but they want to give the security and engineering teams “an additional window of time to thoroughly analyse the consequences of the intrusion,” they said.
Meanwhile, during the week preceding up to launch, the team would share “enough of leeks,” dubbed “Origin launch week.”
3/ We are incredibly excited to get Origin into the hands of our community! Even though we’re not able to share it with you today as planned, we’re hoping that the onslaught of videos and content we’ve prepared will help prepare you once it’s available next week pic.twitter.com/HIOmQwG7pR
— Axie Infinity🦇🔊 (@AxieInfinity) March 31, 2022
According to the launch week timetable, the team plans to offer the Origin Launch Contest as well as Neutral Runes and Charmes via Axie Twitter and Discord on March 31.
The official gameplay trailer was only released a few days ago.
The gaming-focused Ronin bridge, which allows users to transmit crypto back and forth between Ethereum (ETH) and Axie’s Ronin sidechain, has been exploited to the tune of over USD 600 million, according to reports.
The Ronin Network announced earlier this week that ETH 173,600 and USDC 25.5 million had been taken, totaling USD 617 million at the time, making it one of the largest heists in crypto history.
While the exact reason of the breach is unknown, the team has stated that they are confident it was caused by an external source. They claimed that “all evidence pointed to this attack being socially orchestrated, rather than a technical weakness.”
AXS is currently trading at USD 65.4 at 9:04 UTC on Thursday morning. It’s down less than 1% in a single day yet up 13% in a week.
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