US Treasury: North Korean hackers are linked to the Ronin Bridge exploit
The U.S. Treasury connected the theft to the North Korean hacker group Lazarus Group it also added the related Ethereum address to its sanctions list.
Latest Axie Infinity News
Philippines central bank warns vs play-to-earn games after $625M Axie Infinity heist
The Bangko Sentral ng Pilipinas issued the warning at a time when the Philippines has become a global leader in play-to-earn games, making 40% of Axie users.
The CoinGeek Pulse Episode 83: Axie Infinity’s Ronin $625M heist, blockchain industry updates in Asia and the latest NFT drops
Ronin Bridge, the Ethereum sidechain used by popular NFT game Axie Infinity, lost over $600 million in what appears to be one of the largest digital currency heists in the world.
Axie Infinity’s Ronin Bridge hacked for over $600M in ETH and USDC
The attack on Ronin Bridge came after five of its validator nodes had their private keys compromised; transactions on Ronin Bridge are paused to ascertain that no further funds can be stolen.
Downloadable content and NFTs
The proposition of NFTs in video games is being met with even more hostility as publishers and gamers view the concept as a further cash grab to continuously extort players.