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” Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections “ The non-fungible token (NFT) market has been booming since the summer of 2021 and as NFT prices were sky-rocketing, the number of hacks targeting NFTs were also increasing. The most recent high-profile hack siphoned approximately 600 Ether worth of NFTs from…
” 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 combined value of over $600 million. The breach on the Ronin bridge…
” Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks “ Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn gaming platform’s underlying blockchain, the Ronin Network. AXS/USD dropped to $46.69 on Monday, its lowest level…
” Axie Infinity creator raises $150M led by Binance to reimburse stolen funds “ Sky Mavis, the creator of the popular play-to-earn nonfungible token game Axie Infinity has raised $150 million in a new funding round led by Binance. The fundraiser is aimed at reimbursing lost funds from the recent exploit on Axie Infinity’s Ronin…
” Finance Redefined: 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 Ronin bridge faced the worst hack in…
” Netflix‘s crypto swindler documentary draws wild community reaction “ Netflix’s new crypto documentary titled Trust No One: The Hunt for the Crypto King was released on Wednesday amid much fanfare. The documentary is based on the mysterious death of the now-defunct crypto exchange QuadrigaCX founder. The founder of the crypto exchange allegedly died on…
” Axie Infinity’s Ronin bridge hacked for over $600M “ According to Axie Infinity’s official Discord and Ronin Network’s official Twitter thread, along with its Substack page, the Ronin bridge and Katana Dex have been halted after suffering an exploit for 173,600 Ethereum (ETH) and 25.5 million USD Coin (USDC), worth a combined $612 million…
” Marvel NFT partner Veve closes its marketplace after an in-app token exploit “ Veve, a nonfungible token (NFT) marketplace with licensed digital collectibles, faced an exploit on Tuesday, resulting in millions of gems (in-app tokens) being acquired illegally. The platform is quite popular among mainstream brands such as Marvel, Pixar, and Coca-Cola, that have…
“Hacks: Season Two; Laurie Metcalf, Martha Kelly, Ming-Na Wen, and Margaret Cho Join HBO Series” Hacks is returning soon for a second season, and four big names have been added to the cast of the comedy series. Viewers will see Laurie Metcalf, Martha Kelly, Ming-Na Wen, and Margaret Cho on the series. Starring Jean Smart,…
” Li Finance protocol loses $600,000 in latest DeFi exploit “ The Li Finance swap aggregator has experienced a smart contract exploit leading to the loss of around $600,000 from 29 users’ wallets. The exploit took place at 2:51 am UTC on March 20. The attacker was able to extract varying amounts of 10 different…