Ronin Network has experienced a significant security breach, resulting in the loss of nearly $9.8 million worth of Ethereum (ETH). This incident highlights the growing concerns surrounding crypto security, particularly amidst the recent wave of hacking activities. On August 6, 2024, Ronin Network, which underpins the popular play-to-earn game Axie
According to a statement issued today, Norwegian police have recovered stolen cryptocurrencies worth 60 million krone (almost $5.9 million). As part of an investigation into an assault on Sky Mavis and its game Axie Infinity last year. According to the official announcement, this is one of the greatest seizures in
The collaboration will be assisted by Searce, a provider of cloud-based services. Google Cloud is joining the ranks as the 18th validator. Web3 firm Axie Infinity, founded by Sky Mavis, has enlisted the aid of one of the major Web2 IT companies in an effort to further decentralize the Ronin
News of the development was announced by Chainalysis. Crypto was stolen from the Ronin Network by Lazarus, a hacker outfit. Cryptocurrencies worth $30 million were recovered from hackers with ties to North Korea by U.S. authorities. News of the development was announced by Chainalysis, a blockchain data platform. Erin Plante,
Sky Mavis reported that the re-designed Ronin Bridge had passed an audit. In April, the business received $150 million in further capital funding. Axie Infinity’s creator, Sky Mavis, has announced plans to reopen the Ronin Bridge, which was hacked for $552 million in March. According to the most recent community
It’s a merry-go-round when it comes to crypto based cyber crimes and hacks. On one side the security based technologies are on a constant development and research and bringing out new advanced security systems for the blockchains. On the other hand, the dark world of hacks and cyber crimes profusely
