Ronin has supplanted the validator hubs that were compromised in the new $600 million hack The improvement group additionally plans to add new validators to fortify its blockchain security. The quanti...
Tag: 600M
Sky Mavis COO Vows to Compensate Victims in the $600M Ronin Hack
Sky Mavis – the company behind the popular blockchain game ‘Axie Infinity’ – has promised to reimburse victims after $625 million in crypto was stolen from its underlying blockchain, Ronin. Another Br...
Axie Infinity’s Home Ronin Network Suffers Over $600m in another DeFi Hack
The Ronin Network has suffered what is being tagged as the largest hack in the history of Decentralized Finance (DeFi), which funds in excess of $625 million carted away by the hackers. The Ronin Netw...
Axie Infinity’s Ronin bridge hacked for over $600M
According to Axie Infinity’s official Discord and Ronin Network’s official Twitter thread, along with its Substack page, the Ronin bridge and Katana Dex have been halted after suffering an...
Largest Crypto Hack Ever? Ronin Bridge Exploited for $600M+ in ETH and USDC
Ronin – an EVM blockchain for play-to-earn games – recently fell victim to one of the largest hacks in the history of crypto. A whopping 173,600 ETH was drained from Ronin bridge within the last week,...
How $600M Ethereum Ronin Hack Was Exposed Days Later
The Ethereum based bridge Ronin was hacked for $600 million in digital assets or 173,600 ETH and $25 million in USDC. This attack has become the largest in the history of decentralized finances (DeFi)...
Sequoia Commits to Crypto Boom With $600M Fund
Key Takeaways Sequoia Capital has announced a crypto-dedicated fund that will invest as much as $600 million in digital assets. The fund will actively manage its assets, generating yield though token ...
Ransomware Payments Hit At Least $600M in 2021: Chainalysis Report
As of 2021, the number of ransomware cryptocurrency payments nearly doubled, hitting an estimated $602 million, according to Chainalysis. In its latest report published on February 10, Chainalysis not...
Ransomware Payments in Bitcoin and Other Crypto Hit at Least $600M in 2021: Chainalysis
In brief For now, Chainalysis estimates $602 million in ransomware payments from 2021—less than for 2020. But it expects the final number to rise substantially. Chainalysis—a blockchain data firm—has ...
How an Automatic Liquidation of $600M in Ethereum Was Narrowly Avoided
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) While everyone is watching the price action of their favorite top tokens, few are talking about how decentralized stable...