Sky Mavis recovers $5.7M from Ronin Bridge hack
Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs while the rest will return to the Axie treasury. Go to Source
ronin bridge hack
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North Korea’s Lazarus Group masterminded $100M Harmony hack: FBI confirms
The FBI also confirmed earlier reports this month by figures such as ZachXBT that the hackers had started moving a large chunk of the funds around via privacy protocols. Go to Source Powered by WPeMatico
Polygon CSO blames Web2 security gaps for recent spate of hacks
Polygon’s chief of security says his department now employs 10 experts to ensure top-notch cyber security practices are adopted, recommending other crypto firms do the same. Go to Source Powered by WPeMatico
Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers
The hackers continue to spread out the stolen funds using Bitcoin privacy tools as a means to remain anonymous, despite the identity of the hackers believed to be a North Korean cybercrime group. Go to Source Powered by WPeMatico
Battle-hardened Ronin bridge to Axie reopens following $600M hack
The Ronin bridge tied to Axie Infinity is back up with a new design after Sky Mavis introduced a circuit breaker system and daily withdrawal limits. Go to Source Powered by WPeMatico
Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit
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 Animoca Brands, a16z, Dialectic, Paradigm, and … Read more
