In brief Axie Infinity’s Ronin network—an Ethereum sidechain—was hacked in March, with $622 million worth of assets stolen as of the time of disclosure. Sky Mavis CEO Trung Nguyen transferred $3 milli...
Tag: 622M
Axie Infinity’s Ethereum Bridge Back Online After $622M Hack
In brief The bridge that connects NFT game Axie Infinity’s Ronin sidechain to the Ethereum mainnet is back online. It was taken down in late March after $622 million worth of crypto assets (at the tim...
US Treasury Links More Ethereum Wallets to $622M Ronin Network Hack
In brief The U.S. Treasury has sanctioned three additional Ethereum wallet addresses connected to a North Korean hacking group, Lazarus. The wallets are tied to March’s $622 million hack of Ronin, a s...
Binance Recovers $5.8M From $622M Axie Infinity Bridge Theft
Crypto exchange Binance has recovered a small fraction of the $622 million stolen from Sky Mavis’s Ethereum sidechain Ronin last month, according to a tweet by exchange CEO Changpeng “CZ” Zhao e...
US Treasury Connects North Korean Hackers to $622M Axie Infinity Exploit
In brief The U.S. Treasury added an Ethereum wallet address to its sanctions list today, tying it to North Korea’s Lazarus Group. It’s the same address tied to last month’s $622 mill...
Axie Infinity Developer Launches $1M Bug Bounty After $622M Ronin Hack
Sky Mavis, the developer behind play-to-earn game Axie Infinity, has launched a bug bounty program after hackers drained $622 million in crypto from the company’s Ethereum sidechain, Ronin, last month...
This Week on Crypto Twitter: Axie Infinity Hacked for $622M, Dogecoin Influencer Matt Wallace’s ‘Accept Crypto’ Coin Tanks
Illustration by Mitchell Preffer for Decrypt The prices of leading cryptocurrencies sustained a steady ascent for the third straight week, with market leader Bitcoin setting a 2022 high of $48,000 on ...
Axie Infinity Delays Ethereum NFT Game Upgrade After $622M Hack
In brief The Axie Infinity ecosystem suffered a security breach last week, with more than $600 million worth of crypto funds stolen. Now the developers have delayed an upgraded version of the game fol...
Axie Infinity Tokens AXS, SLP Reeling After $622M Ronin Hack
A day after Sky Mavis disclosed that a hacker stole 173,600 ETH worth $622 million from the Ronin sidechain, the Axie Infinity Shards (AXS) and Smooth Love Potion (SLP) tokens are still reeling. Sky M...
Hacker Drains $622M From Axie Infinity’s Ronin Ethereum Sidechain
In brief Ronin, the Ethereum sidechain for NFT game Axie Infinity, has been hit with a sizable exploit. All told, some $622 million worth of Ethereum and USDC were drained from the bridge that connect...