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ronin

CDCROP: Spinning mixer in water creating bubbles (Getty Images)
Finance
Sanctions
Sanctioned Mixer Blender Re-Launched as Sinbad, Elliptic Says
Operators of Blender.io might have launched Sinbad after Blender was sanctioned for processing North Korean hackers’ money, blockchain intel firm said.
CDCROP: Spinning mixer in water creating bubbles (Getty Images)
By Anna Baydakova
Feb 13, 2023 at 6:36 p.m. UTC
Feb 13, 2023
SanctionsLazarus groupRoninHorizon bridgeTornado Cashblender.io
(Images by Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)
Tech
Ronin
Ronin Hackers Converted Some Stolen Ether to Bitcoin: SlowMist Researcher
The exploiters converted their ill-gotten gains initially to ether and then to bitcoin before using sanctioned mixers to mask their identities.
(Images by Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)
By Shaurya Malwa
Aug 22, 2022 at 10:00 a.m. UTC
Aug 22, 2022
RoninHackEtherBridge
Axie Infinity denies any allegations of wrongdoing (AxieInfinity.com)
Business
Axie infinity
Sky Mavis Denies Wrongdoing After YouTube Sleuth Links Unusual Transaction to Company’s CEO: Report
About $3 million worth of AXS tokens were moved from CEO Trung Nguyen’s wallet on Axie’s Ronin blockchain to crypto exchange Binance hours before the announcement of an exploit.
Axie Infinity denies any allegations of wrongdoing (AxieInfinity.com)
By Elizabeth Napolitano
Jul 28, 2022 at 9:17 p.m. UTC
Jul 28, 2022
Axie Infinity Ronin
Axie Infinity reached a record-high of $2.5 billion in trading volume in September 2021 (AxieInfinity.com)
Business
Metaverse
Axie Infinity Restarts Ronin Bridge Months After $625M Exploit
The bridge has undergone an internal audit and two external audits, developers said.
Axie Infinity reached a record-high of $2.5 billion in trading volume in September 2021 (AxieInfinity.com)
By Shaurya Malwa
Jun 28, 2022 at 2:28 p.m. UTC
Jun 28, 2022
MetaverseAxie Infinity ExploitsRonin
Victims of the Ronin bridge hack will be reimbursed (Kevin Ku/Unsplash)
Business
Axie infinity
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)
By Oliver Knight
Jun 24, 2022 at 1:34 p.m. UTC
Jun 24, 2022
Axie Infinity Play-to-EarnRoninHackExploits
(Images by Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)
Tech
Ether
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.
(Images by Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)
By Shaurya Malwa
May 18, 2022 at 7:24 a.m. UTC
May 18, 2022
EtherHackAxie Infinity Ronin
North Korean Supreme Leader Kim Jong Un (Andrey Rudakov/Bloomberg via Getty Images)
Policy
Regulations
US Officials Tie North Korea’s ‘Lazarus’ Hackers to $625M Crypto Theft
Axie Infinity’s Ronin blockchain suffered a massive exploit late last month.
North Korean Supreme Leader Kim Jong Un (Andrey Rudakov/Bloomberg via Getty Images)
By Nikhilesh DeDanny Nelson
Apr 14, 2022 at 4:44 p.m. UTC
Apr 14, 2022
regulationsRoninSanctionsAxie Infinity North KoreaHack
Axie Infinity (Sky Mavis)
Business
Hack
Sky Mavis Raises $150M Round Led by Binance to Reimburse Ronin Attack Victims
The funds from the round along with Sky Mavis and Axie Infinity funds will be used to refund users.
Axie Infinity (Sky Mavis)
By Eliza Gkritsi
Apr 6, 2022 at 10:54 a.m. UTC
Apr 6, 2022
HackAttackAxie Infinity BinanceFundingFunding RoundsA16zRonin
Axies from the play-to-earn game Axie Infinity (Axie Infinity)
Business
Sky mavis
Sky Mavis Pledges to Reimburse Players Following Axie Infinity Hack
The company behind the popular play-to-earn game made the promise after a $625 million hack.
Axies from the play-to-earn game Axie Infinity (Axie Infinity)
By Brandy Betz
Mar 30, 2022 at 2:51 p.m. UTC
Mar 30, 2022
Sky MavisAxie Infinity HackRonin
(CoinDesk archives)
Business
Axie infinity
Binance Suspends Deposits and Withdrawals on Ronin Network After Hack
Gaming-focused Ronin on Tuesday disclosed a loss of more than $625 million in USDC and ether.
(CoinDesk archives)
By Camomile Shumba
Mar 30, 2022 at 12:06 p.m. UTC
Mar 30, 2022
Axie Infinity BinanceRoninExploitsHack