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Axie Infinity
Former Binance Exec on Spurring Crypto Adoption in Emerging Markets
Two former executives of Binance have created a $100 million venture fund with a focus on metaverse and crypto adoption in emerging markets.
US Sanctions North Korea-Linked Bitcoin Mixer Blender.io
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned North Korea-linked crypto mixing service Blender.io as part of its efforts to ice the flow of stolen crypto from the infamous over $600 million Ronin hack. CoinDesk’s Nikhilesh De unpacks what we know so far and why this is a story to continue watching.
US Officials Add North Korea-Link Bitcoin Mixer to Sanctions List
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned North Korea-linked crypto mixing service Blender.io as part of their ongoing efforts to freeze the flow of capital from the $620 million exploit of Axie Infinity Ronin Network.
Chainalysis: Bitcoin Less Than 25% of All Cryptocurrencies Stolen by DPRK
Bitcoin accounts for less than a quarter of all cryptocurrencies stolen by North Korea, according to Chainalysis. This comes in light of North Korea’s recent hack of $625 million from Axie Infinity’s Ronin network. How does the security of the Bitcoin blockchain compare with its competitors? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
US Government Warns Further Crypto Attacks From North Korea Following Axie Infinity Hack
Halborn Co-founder Steven Walbroehl discusses North Korea’s involvement in the over $600 million hack of Axie Infinity’s Ronin network and the role of blockchain analytics in uncovering the perpetrators. Walbroehl explains the probability of the funds being recovered, the use of social engineering, and the Lazarus group’s history of perpetrating online attacks. Plus, a conversation about the recent $182 million exploit of the Beanstalk stablecoin protocol.
US Government Warns Further Crypto Attacks From North Korea Following Axie Infinity Hack
Halborn Co-founder Steven Walbroehl discusses North Korea’s involvement in the over $600 million hack of Axie Infinity’s Ronin network and the role of blockchain analytics in uncovering the perpetrators. Walbroehl explains the probability of the funds being recovered, the use of social engineering, and the Lazarus group’s history of perpetrating online attacks.
Binance Exec on North Korean Involvement in Axie Infinity Hack
Binance Vice President of Global Intelligence and Investigations Tigran Gambaryan discusses North Korea’s alleged involvement in the over $600 million exploit of Axie Infinity’s Ronin network and the crypto exchange’s involvement in ongoing investigations.
US Says N Korea Behind Hack; Binance Closer to Thai Business
Binance is closer to Thai business as Gulf Energy greenlights joint venture. U.S. points finger at North Korea over $600 million Ronin hack. Chainalysis says investors should keep size of crypto hacks in perspective. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
North Korea’s ‘Lazarus’ Hackers Allegedly Behind Ronin Network Exploit
The U.S. Treasury Department alleged that North Korean state-linked hacking group “Lazarus” is tied to last month’s over $600 million theft from Axie Infinity’s Ronin bridge. “The Hash” group discusses efforts made by the Office of Foreign Assets Control (OFAC) to sanction associated wallets and the use of decentralized mixers like Tornado Cash for laundering ill-gotten funds.
FBI Links North Korea to Axie Infinity Hack
CoinDesk Deputy Business Editor Danny Nelson broke the story that the more than $600 million exploit of Axie Infinity’s Ronin network was orchestrated by North Korea’s elite “Lazarus” hacker group.