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US Treasury Sanctions First Crypto Mixer
8.5.2022
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer. The mixing service was used by Lazarus Group to process illicit proceeds from the $620 million crypto heist of the online game Axie Infinity, said the Treasury...
Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack
6.5.2022
The crypto mixer is said to have processed $20.5 million out of the $620 million taken by North Korean Lazarus Group hackers
GameFi News: Tilting Point partners with Polygon Studios, and LootRush raises $12M
6.5.2022
Catch up on the latest funding and partnership news about GameFi and Web3 gaming. This week Cointelegraph covers LootRush, Axie Infinity and Polygon Studios
Biggest Movers: ETC Climbs to 1-Week High, as AXS Moves Away From 10-Month Low
5.5.2022
During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave. AXS also rose today, climbing by over 12% in the day, however, a bearish wave pushed prices lower as the day progressed. Ethereum Classic (ETC) ETC climbed to...
Report: Two South Koreans Paid in Bitcoin to Spy for North Korea
4.5.2022
South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individuals were allegedly paid bitcoins worth a total...
Axie Infinity’s Post-Hack Metrics Beckon Optimism, Not Despair
29.4.2022
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...
STEPN move-to-earn tokens GMT, GST hit new highs after Coinbase listing announcement
28.4.2022
Strong hype around the move-to-earn sector helps GMT price establish a new record high
Redesigned Axie Infinity's Ronin Bridge Delayed till Late May
28.4.2022
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....
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Plan for $1M bug bounties and double the nodes in wake of $600M Ronin hack
28.4.2022
The Ronin Network and Sky Marvis are significantly upgrading their security measures after they vowed to ensure a hack “never happens again.”
US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List
24.4.2022
The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea. Lazarus Group Behind Axie...
Binance recovers $5.8M in funds connected to Ronin bridge exploit
22.4.2022
Unfortunately, a vast majority of the stolen funds still remain in the hands of the hacker
Polygon's Supernet, Stripe's Crypto Move, Ulbricht's Bitcoin Deal, Macron on Crypto Regulation + More News
22.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon's Supernet, Stripe's Crypto Move, Ulbricht's Bitcoin Deal, Macron on Crypto Regulation + More News
STEPN to new highs? GMT price painting first 'bull flag' toward $5 target
22.4.2022
GMT is booming amid warnings that its 38,000% price rally since inception could end up being an "absolute joke."
Binance Recovers $5.8M Linked to Axie Infinity Hack
22.4.2022
The funds were spread over 86 accounts, Binance’s founder confirmed
Blockchain Gaming Skyrockets 2,000% in One Year, Axie Infinity in Downtrend - Report
20.4.2022
On average, blockchain-powered games attracted 1.22m daily unique active wallets (UAWs) this past March, or 2,000% more than a year ago, per dapp (decentralized app) market data provider DappRadar.
However, a total of 1.17m UAWs connected daily to blockchain games on average during Q1, or...
FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
19.4.2022
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S....
Lazarus Gets Banned by Tornado Cash for Hacking $600 Million From Axie Infinity’s Ronin Bridge
19.4.2022
Tornado Cash is a decentralized protocol that allows users to have a private Ethereum transaction on the network. Tornado Cash breaks the on-chain link between the source address and the destination address to keep transactions private. A smart contract is deployed to execute the private...
Square Enix President Still Insists Future Of Gaming Features Blockchain Tech
18.4.2022
Remember back in January when Square Enix president Yosuke Matsuda published that terrible letter hyping up a future where video games would feature NFTs and blockchain tech? Well, even though a lot of players and devs criticized the letter, Matsuda ain’t backing down. And in a new interview,...
Pac-Man Frog (PAC): A Potential 100% Competitor for Terra (LUNA) and Axie Infinity (AXS)!
18.4.2022
Do you know that Pac-Man Frog (PAC) is a new crypto player in the DeFi and GameFi industry? Pac-Man Frog (PAC) is not waiting for anyone to reach skyrocketing value in the upcoming days weeks, months, and years. This crypto has the potential to become one of the top Metaverse tokens because of...
Finance Redefined: MetaMask institutional offering, Polygon to go carbon neutral, and more
18.4.2022
In this week's DeFi newsletter we look at the growing market of Metamask, Polygon's pledge to go carbon neutral and more