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 … Read more
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 … Read more
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 … Read more
The rise of blockchain gaming and the Metaverse have quietly pumped not just Metaverse tokens, but the larger narrative too. In fact, the same was highlighted in a previous article as well. While the growing popularity of blockchain gaming tokens is noteworthy, Axie Infinity’s gains make other tokens’ rise look less so. However, over the … Read more
Non-Fungible Tokens (NFTs), is all over the news is all over the news lately. It has been stirring interest and curiosity, as well as creating a lot of anxiety at the same time. The potential of it is limitless, and threatening to disrupt and unlock a new world economy that people couldn’t believe to-have-existed. Or … Read more
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 … Read more
The blockchain industry is innovating at a rapid pace and at the moment, different chains are interacting with each other. With the expansion of DeFi, these assets are not only limited to Solana, or Terra’s ecosystem, but it has become essential that there are solutions that allow these assets to move from one branch to … Read more
