Tags : 622M


Axie Infinity CEO Moved $3M in Tokens Earlier than $622M

In short Axie Infinity’s Ronin community—an Ethereum sidechain—was hacked in March, with $622 million price of belongings stolen as of the time of disclosure. Sky Mavis CEO Trung Nguyen transferred $3 million price of tokens simply earlier than the hack was disclosed, however he says at present that claims of insider buying and selling “are […]Read More


Binance Recovers $5.8M From $622M Axie Infinity Bridge Theft

Crypto alternate Binance has recovered a small fraction of the $622 million stolen from Sky Mavis’s Ethereum sidechain Ronin final month, in keeping with a tweet by alternate CEO Changpeng “CZ” Zhao early this morning. Sky Mavis is the developer workforce behind the favored play-to-earn crypto sport Axie Infinity.  Zhao tweeted that the North Korean […]Read More


US Treasury Connects North Korean Hackers to $622M Axie Infinity

In short The U.S. Treasury added an Ethereum pockets handle to its sanctions checklist right this moment, tying it to North Korea’s Lazarus Group. It is the identical handle tied to final month’s $622 million assault of Axie Infinity’s Ronin Community. North Korean hacking group Lazarus is allegedly liable for final month’s $622 million hack […]Read More


Axie Infinity Developer Launches $1M Bug Bounty After $622M Ronin

Sky Mavis, the developer behind play-to-earn sport Axie Infinity, has launched a bug bounty program after hackers drained $622 million in crypto from the corporate’s Ethereum sidechain, Ronin, final month.  The developer is providing bounties of as much as $1 million to “encourage responsible disclosure of safety vulnerabilities.” “Calling all white hats within the blockchain […]Read More


This Week on Crypto Twitter: Axie Infinity Hacked for $622M,

Illustration by Mitchell Preffer for Decrypt The costs of main cryptocurrencies sustained a gentle ascent for the third straight week, with market chief Bitcoin setting a 2022 excessive of $48,000 on Monday. Over on Crypto Twitter, issues have been a bit calmer than ordinary.  There was a trickle of notable bulletins. On Tuesday, crypto whale […]Read More


Axie Infinity Delays Ethereum NFT Sport Improve After $622M Hack

Briefly The Axie Infinity ecosystem suffered a safety breach final week, with greater than $600 million value of crypto funds stolen. Now the builders have delayed an upgraded model of the sport following the assault. Earlier this week, Axie Infinity developer Sky Mavis revealed that its Ronin Community sidechain had been hacked, with about $622 […]Read More


Axie Infinity Tokens AXS, SLP Reeling After $622M Ronin Hack

A day after Sky Mavis disclosed {that a} hacker stole 173,600 ETH value $622 million from the Ronin sidechain, the Axie Infinity Shards (AXS) and Clean Love Potion (SLP) tokens are nonetheless reeling. Sky Mavis is the developer group behind the favored play-to-earn crypto recreation Axie Infinity. The Ronin community is a sidechain that bridges […]Read More