ronin
Crypto
US officials link North Korean Lazarus hackers to $625M Axie Infinity crypto theft
7:53 am PDT • April 15, 2022
U.S. officials have linked North Korean state-backed hacking group Lazarus to the recent theft of $625 million in cryptocurrency from the Ronin Network, an Ethereum-based sidechain made for the popular play-to-earn…
Startups
Axie Infinity creator raises $150M round to compensate victims of ~$625M Ronin hack
7:46 am PDT • April 6, 2022
Vietnamese gaming studio Sky Mavis announced that it has raised $150 million in funding led by crypto exchange Binance to help reimburse users who lost funds during a ~$625 million…
Experts say that as more people and capital flood into crypto, there will subsequently be more losses.