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Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit
9.4.2022
Sky Mavis, the company behind the play-to-earn (P2E) game Axie Infinity, announced it has raised $150 million in a funding round to replenish the funds the company lost in the Ronin Network exploit. The funding round — which was led by Binance and had the participation of companies like...
Finance Redefined: Axie Infinity creator raises $150M, DApp daily users surge to 2.4M and more
8.4.2022
Axie Infinity's Ronin Bridge hackers have started moving their funds despite early hopes of a dialogue between the creators and the hackers
Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says
8.4.2022
“These are the players who trusted us, and we failed to live up to that trust,” Sky Mavis co-founder Alexsander Larsen said on CoinDesk TV Friday
Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says
8.4.2022
“These are the players who trusted us, and we failed to live up to that trust,” Sky Mavis co-founder Alexsander Larsen said on CoinDesk TV Friday
Sky Mavis Releases Early Access of Its Much-Anticipated Axie Infinity: Origin
7.4.2022
Sky Mavis, the firm behind the popular blockchain-based online video game Axie Infinity (AXS), has announced the Early Access release of its much-anticipated update Axie Infinity: Origin.
Also known as "Battles v3," Axie Infinity: Origin is a new battle system that its creators say offers...
Axie Infinity creator raises $150M led by Binance to reimburse stolen funds
6.4.2022
The developers are currently working on a security upgrade and plan to increase the number of validator groups to 21 before making Ronin Bridge live again
The Ultimate Gaming Experience: Play-to-Earn with Firepin (FRPN), Axie Infinity (AXS) and Decentraland
6.4.2022
The real world can sometimes be overwhelming and challenging, so most people turn to the game to escape reality. But gaming can be so much more than that: it can make you money! Get into the Metaverse and earn an extra income. Live A Double-Life The Metaverse is a parallel digital universe that...
Metaverse Land Prices Fall, But Still Outperform Ethereum
6.4.2022
Prices of land plots in the metaverse fell by 18% last month from an all-time high seen the month before, according to an index covering 30 of the top virtual worlds. However, virtual land still outperformed the price of Ethereum’s native token ETH when seen over the past year as...
The Bigger Problem With Axie Infinity
4.4.2022
The $620 million Ronin exploit is the tip of the proverbial iceberg
Axie Infinity hacked for $612M, OpenSea expands support to Solana, EU’s unhosted wallet regulations cause a stir: Hodler’s Digest, March 27-April 2
2.4.2022
Finance Redefined: Axie Infinity’s Ronin bridge faces worst hack, Binance launches Bridge 2.0 and more
1.4.2022
In this week's DeFi newsletter, we discuss Axie Inifnity's Ronin bridge hack, Binance's new Bridge 2.0 launch, the rise in DeFi TVL and more
Axie Infinity Delays Launch of ‘Origin’ Game Following Massive Hack
1.4.2022
The new “Axie Infinity: Origin” was originally supposed to debut on March 30
Axie Infinity Postpones Origin Launch Following Security Breach
31.3.2022
Non-fungible token (NFT) and blockchain-based online video game Axie Infinity (AXS) has postponed a major update as the team seeks to fully investigate the implications of the recent security breach.
Axie Infinity: Origin, also known as Battles V3, is a new battle system that will feature...
Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50%
30.3.2022
AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and battling game. This came as ZIL was trading by over 50% higher during the session. Zilliqa (ZIL)...
Sky Mavis Pledges to Reimburse Players Following Axie Infinity Hack
30.3.2022
The company behind the popular play-to-earn game made the promise after a $625 million hack
Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts
30.3.2022
The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said....
Read More: Axie Infinity’s Ronin Hack...
Over USD 600M Stolen in Blockchain Bridge Hack as Ronin Network Exploited
29.3.2022
The first quarter of 2022 is about to end with one of the largest crypto thefts, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m....
Read More: Over USD 600M Stolen in Blockchain Bridge Hack as Ronin Network Exploited
Crypto Gaming's Biggest Success Story Scammed Out Of $600 Million
29.3.2022
Pokémon-style NFT battler Axie Infinity was one of the biggest “success” stories in the world of crypto gaming. Now it’s responsible for one of the biggest thefts in the history of the technology. The gaming-focused blockchain Ronin Network announced earlier today that an Axie Infinity exploit...
Axie Infinity Loses $620 Million After Hacker Compromised Ronin Validators
29.3.2022
According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge...
Axie Infinity's Ronin bridge hacked for over $600M
29.3.2022
"We are in touch with security teams at major exchanges and will be reaching out to all in the coming days," said the team at Ronin