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Join Our Telegram channel to stay up to date on breaking news coverage A mysterious whale wallet address has accumulated billions of Smooth Love Potion (SLP) tokens. SLP is the in-game cryptocurrency that powers one of the largest blockchain gaming networks, Axie Infinity. Mysterious whale accumulates 50% of SLP supply The mysterious whale wallet now holds more than 22 billion SLP tokens, over 50% of the total SLP circulating supply. No one knows the details of the wallet in question and to whom it belongs. The activities of this whale address were noticed by a player on Axie Infinity, Michael Benko, on August 25. Benko said that he became concerned about this wallet because of the amount of SLP tokens it had accumulated within a short time, which could affect the game&rsquo ;s ecosystem. According to Benko, if this wallet is an individual, they could have control over the Axie Infinity economy. There have been many theories speculating about the identity of this wallet...

The Sandbox co-founder Sebastien Borget said in an interview with Cointelegraph that artificial intelligence could reduce toxicity in the metaverse. In this week’s newsletter, learn how artificial intelligence (AI) can make the metaverse safer, according to The Sandbox’s co-founder. Check out how Axie Infinity creator Sky Mavis is building a blockchain Gaming ecosystem, and read about nonfungible token (NFT) firm Yuga Labs onboarding a new CEO. In other news, find out how OKX uses the metaverse to engage with football fans, and don’t forget this week’s Nifty News, featuring luxury brand Gucci creating a pendant for the Otherside metaverse.  AI makes the metaverse safer and more inclusive: The Sandbox co-founder Sebastien Borget, co-founder and chief operating officer of The Sandbox, expressed his excitement about AI at the WOW Summit 2023 in Hong Kong. Speaking to Cointelegraph, Borget said that rather than fearing the technology, it can be used to empower creators to “materialize id...