👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Months after the exploit that led to the theft of over $600 million, Axie Infinity developers Sky Mavis will finally reimburse users and restart the Ronin bridge exploited in the attack, Bloomberg reported. The developer expects to start reimbursing affected users…
The U.S. Treasury Department has claimed that the North Korean hacker group Lazarus is responsible for the $625 million hack of the Axie Infinity Ronin bridge. The agency added an Ethereum (ETH) address containing some of the stolen cryptocurrency to its sanctions list. As of April 14, the wallet held around 148,000 ETH. THREAD: Updates to…
Contrary to the belief that gamers are leaving the popular play-to-earn game Axie Infinity because of the recent hack, available information shows that the platform had lost nearly half of its users even before the heist, Bloomberg News reported. Axie Infinity loses gamers In the week of March 28, CryptoSlate reported that Ronin Network, the…
As reported by CryptoSlate last week, a hacker ran off with about $615 million in ether (Ethereum) and stablecoins after exploiting a multisig contract regulating funds in the Ronin-to-Ethereum bridge – Ronin being the blockchain behind Axie Infinity, the most popular play-to-earn game in the world. Now, the funds stolen by the yet undisclosed hacker…
The non-fungible token (NFT) space has enjoyed lots of highs in recent memory with a cumulative sale worth hundreds of millions, however, with the mania about the space sputtering out, indications have emerged that there is still reason for optimism in the sector. More people are buying NFTs Reports from Delphi Digital have revealed that…