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Axie Infinity’s Post-Hack Metrics Beckon Optimism, Not Despair


  Daniel C. Park is the data journalist at Covalent, a blockchain data specialist. ______    The theft of USD 625m from Ronin unfazed Axie Infinity players’ bullish feelings, a remarkable tale and test of brand loyalty that validates Sky Mavis’ USD 3bn valuation. The cascade of SLP and...

Redesigned Axie Infinity's Ronin Bridge Delayed till Late May


  The Ronin bridge is being redesigned after a major hack last month, with the opening of the new bridge delayed till late May. The delay is necessary since the bridge will be built to secure “billions of dollars in assets,” a new update from the team behind the bridge has said.... Read More:...

Deus DAO Exploited Again, Loses Reported USD 13M+ in Flashloan Attack


  Another day, another exploit. Deus Finance DAO seems to have lost at least USD 13m in its own latest flashloan attack. The project which describes itself as a “decentralized bilateral OTC [over-the-counter] derivatives platform” has confirmed the attack, claiming that user funds are safe,...

Former Homeland Security Chief Nielsen to Join Astra as Adviser


Another top aide to former President Donald Trump is joining the Swiss crypto startup, Astra Protocol. Ex-Secretary of Homeland Security Kirstjen Nielsen has been hired as an adviser right on the heels of former Acting White House Chief of Staff Mick Mulvaney

Crypto Exchange Currency.com Attacked After Halting Services in Russia


  Currency.com, a Belarus-based online crypto trading platform, said it became a target of a failed cyber-attack on the day the exchange announced it was halting services for residents of Russia.  The exchange confirmed the attack in a press release, detailing that it was a distributed “denial...

Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto...

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