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Axie Infinity
RPT: Axie Infinity’s Ronin Network Hack Started With Fake Job Ad
A fake job ad for Axie Infinity reportedly led to a sophisticated exploit in March that drained $625 million in crypto from the protocol's Ronin network, according to The Block. "The Hash" panel discusses the latest details of one of the largest hacks in DeFi history.
Bitcoin Jesus Denies Default; Celsius Fight Back Planned
Roger Ver denies defaulting on $47 million CoinFLEX loan. Crypto educator Bitboy Crypto plans Celsius investor fight back. Wall Street takes advantage of crypto fire sale. U.S. Treasury says prioritize sanctioning North Korea for crypto hacking. Axie Infinity’s Ronin Bridge up and running after months of repairs. HTC launches metaverse phone with Ethereum, Polygon support. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Axie Infinity Restarts Ronin Bridge Months After $625M Exploit
The bridge has undergone an internal audit and two external audits, developers said.
Axie Infinity Developer Sky Mavis to Reimburse Victims of Ronin Bridge Hack
A total of $216.5 million in USDC and ethereum at today's prices will be returned to users.
Gaming DAO Merit Circle, YGG ‘Terminate Relationship’
Merit Circle members had proposed canceling YGG’s investment in the organization because of a lack of perceived added value. Now the two are parting ways.
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.
How Do You Value Metaverse Projects? We Tried. Here’s What We Found
On a per-user basis, the valuations for Decentraland, Axie Infinity and The Sandbox look quite high. But just picking the right metric is tough in this loosely defined niche.
Nearly 5,505 ETH, or $10M of the $625M Ronin Exploit, Is on the Move
Funds connected to the Ronin exploiter address are making their way through Tornado Cash, blockchain data shows.
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.