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...
Tag: hack
Sky Mavis Offers $1 Million Bug Bounty Following Ronin Bridge Hack
Sky Mavis – the company behind Axie Infinity – is offering up to $1 million to anyone that can identify major security vulnerabilities in its platform. This comes after the company was struck by the l...
Axie Infinity maker floats bug bounty program after $600 million Ronin hack
Sky Mavis, the studio behind the popular Axie Infinity game, has floated a bug bounty to unearth security vulnerabilities in its ecosystem following the theft of over $600 million from its Ronin netwo...
The aftermath of Axie Infinity’s $650M Ronin Bridge hack
In late March, Ronin, an Ethereum sidechain built for the popular play-to-earn nonfungible token game Axie Infinity, was hacked for over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) for a comb...
Axie Infinity Team Launches $1 Million Bug Bounty Following Record-Breaking Ronin Hack
Vladislav Sopov Sky Mavis, the team behind the flagship GameFi project Axie Infinity, unveils its new initiative for top white-hat hackers Contents Axie Infinity team launches seven-digit bounty to st...
Sky Mavis to Bear ‘Full Responsibility’ for Axie Infinity’s $625 Million Ronin Hack – crypto.news
A top official at the company behind the play-to-earn game Axie Infinity apologized for security breaches that cost users $625 million in what was potentially the biggest DeFi hack in history. Axie In...
Crypto Outlook: Big Hack, Yellen Coming Around and Bitcoin to $500,000?
The S&P Cryptocurrency Broad Digital Market Index (SPCBDM) ended the week at 3,925.70. It’s down 5.6% for the month of April, and 13% on a year-to-date basis. Even so, investors are striking a po...
Sky Mavis to refund users affected by the Ronin hack 1
TL; DR Breakdown Sky Mavis will refund users affected by the hack The company raised $150 million in a round Ronin network is still unused since the event Axie Infinity’s parent company, Sky Mavis, ha...
Is Axie Infinity [AXS] still in shock after two weeks of the Ronin hack
As the Axie Infinity market attempts to recover from the effects of the Ronin hack, Sky Mavis’ Chief Operating Officer (COO), Alexsander Larsen, has come forward to take complete responsibility for th...
Ronin hack: Sky Mavis prepares reimbursement through $150M funding round
Sky Mavis has announced to reimburse all the victims in the $600 million that took place on 23 March. Binance confirmed it is leading the initial $150 million funding round with Animoca Brands, a16z, ...
Lossless to launch Core Protocol for crypto hack prevention
Lossless, the first DeFi hack mitigation tool for token creators, is launching its Core Protocol on 14th of April on ETH’s mainnet. Why is it monumental to the entire crypto space? Read on to find out...
Binance-led Investors to Rescue Victims in Ronin Hack
Crypto Exchange Binance said on Wednesday that the exchange is leading other investors to aid victims in the recent hacking in RONIN, according to Reuters. Ronin Network is an Ethereum sidechain creat...
Sky Mavis Secures $150M to Compensate Victims of the $625M+ Ronin Bridge Hack
Sky Mavis, the developer of popular NFT-based game, Axie Infinity, today announced it has raised $150 million in a recent funding round. The fundraiser was led by leading cryptocurrency exchange Binan...
Axie Infinity devs raise $150M to compensate users for Ronin Network hack
Sky Mavis, the company behind blockchain-based game Axie Infinity, has successfully closed a new $150 million funding round led by crypto exchange Binance, according to a press release shared with Cry...
Sky Mavis raises $150 million to reimburse Ronin hack victims
The $600 million exploit, disclosed last Tuesday, saw a hacker steal 173,600 ether and 25.5 million in USDC stablecoin from the game a week prior, making it one of the largest ever exploits in the cry...
After Axie Infinity Hack, Will other Play-2-Earn Games Be Hacked Soon?
The recent incident affecting the Ronin Network – which powers the Axie Infinity game – has many people on edge. It is a problematic development that affects the broader play-to-earn gamin...
Axie Infinity has been losing gamers before the Ronin Network hack
Contrary to the belief that gamers are leaving the popular play-to-earn game Axie Infinity because of the recent hack, available information shows that the platform had lost nearly half of its users e...
Flare Network Prevents Ronin Network & Multisig Hack Problem
If you have followed the happenings in crypto for the past fortnight, you may be familiar with the Ronin network exploit that threatened a $620 million loss in cryptocurrencies. The unofficial post mo...
$130,000 phishing hack attack against CoinMarketCap
In recent days, an attack was carried out on CoinMarketCap, but even though it was conducted on the official website, the attack was actually aimed at users of the platform. In short, it was an attem...
Ronin Hack Loot Seen Shifted To Tornado Cash
The threat actors responsible for the hacking on the Axie Infinity Ronin Bridge platform, considered the largest crypto heist in the industry, have started moving their loot. According to reports, the...
Funds from Biggest Ever DeFi Hack Started Moving
Arman Shirinyan $610 million stolen from the Ronin bridge are now being “washed” The recently stolen $610 million by a yet undisclosed hacker is being actively redistributed among various ...
Inverse Finance Loses Over $15 Million In DeFi Platform Hack ⋆ ZyCrypto
Advertisement     Inverse Finance loses over $15 million in money market platform compromise. The hacker is said to have used Tornado Cash to throw off investigators. ...
Crypto Weekly Roundup: Ronin Bridge Hack, Blockchain.com’s $14B Valuation, Solana NFTs On OpenSea, And More
It has been an eventful week in the global crypto space. While the Ronin sidechain of Axie Infinity faced an exploit, robbing it of millions of dollars, crypto exchange Blockchain.com raised its valua...
Inverse Finance Hack Results in $15.6 Million Worth of Losses
Alex Dovbnya Yet another prominent decentralized finance protocol has fallen victim to a crippling security breach Inverse Finance, an open-source protocol for lending and borrowing that runs on top o...
Axie Infinity Hack Sees Retail Traders and Gamers Being the Biggest Losers
On March 23, Axie Infinity became the latest crypto project to lose millions to hackers. A breach of the Ronin network where the play-to-earn game is based led to a hacker stealing $620 million worth...
Exness Hits $2T, Ronin Hack, Sanctions Evasion and NFTs: Editor’s Pick
It’s been another busy week in terms of news as a lot of development has happened in the forex, fintech and cryptocurrency industries. Finance Magnates has short-listed some of the top stories f...
ApeCoin losing sleep over BAYC’s Discord hack that cost it a missing Mutant
While NFT hacks have been observed mainly on the NFT marketplaces in the past, the Bored Ape Yacht Club (BAYC) on 1 April witnessed the same on its Discord. The incident created a panic within the com...
DeFi Protocol Inverse Finance Suffers $15M Hack
Blockchain security firm PeckShield raised an alert on Sunday that DeFi protocol Inverse Finance has been exploited with hackers draining around $15 million. According to findings by the security firm...
Ronin plans to improve blockchain security post $600m hack –
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...
Axie Infinity Token Price Spikes by 15% Despite $625 Million Hack of Ronin
Arman Shirinyan Despite largest hack in the industry, Axie Infinity is rallying up Contents Bullish price action $625 Million Ronin bridge security breach The recently hacked Axie Infinity token, AXS,...
ETH Soars to 3-Month High, AXS Adds 12% Despite Recent Ronin Hack
After falling by nearly $4,000 in a day, bitcoin reacted well and bounced off to above $46,000. Most altcoins are also in the green today. Impressive gains are evident from Ethereum, Binance Coin, Sol...
Axie Infinity’s Ronin bridge faces worst hack, Binance launches Bridge 2.0 and more
The last week of March saw the decentralized finance (DeFi) market surge to new highs as institutional investors returned to the market. Amid the rising popularity of DeFi products, Axie Inifity’s Ron...