RPT: Axie Infinity’s Ronin Network Hack Started With Fake Job Ad
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 Bloc...
RPT: Axie Infinity’s Ronin Network Hack Started With Fake Job Ad

Bitcoin Jesus Denies Default; Celsius Fight Back Planned
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...
Bitcoin Jesus Denies Default; Celsius Fight Back Planned

The bridge allows assets to be transferred between Ethereum and the  Ronin blockchain. (AxieInfinity.com)
Axie Infinity Restarts Ronin Bridge Months After $625M Exploit
The bridge has undergone an internal audit and two external audits, developers said.
The bridge allows assets to be transferred between Ethereum and the  Ronin blockchain. (AxieInfinity.com)

Victims of the Ronin bridge hack will be reimbursed. (Kevin Ku/Unsplash)
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.
Victims of the Ronin bridge hack will be reimbursed. (Kevin Ku/Unsplash)

(Axie Infinity)
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.
(Axie Infinity)

Former Binance Exec on Spurring Crypto Adoption in Emerging Markets
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.
Former Binance Exec on Spurring Crypto Adoption in Emerging Markets

(Melody Wang/CoinDesk)
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.
(Melody Wang/CoinDesk)

(Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)
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.
(Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)

US Sanctions North Korea-Linked Bitcoin Mixer Blender.io
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...
US Sanctions North Korea-Linked Bitcoin Mixer Blender.io

US Officials Add North Korea-Link Bitcoin Mixer to Sanctions List
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 freez...
US Officials Add North Korea-Link Bitcoin Mixer to Sanctions List