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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
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More than 2,001 ether were moved Monday from addresses connected to the $625 million exploit, with about 70% passing to the privacy tool, on-chain data show.Apr 4, 2022 at 9:25 a.m. UTCUpdated Apr 4, 2022 at 9:31 a.m. UTCOn-chain data show ether from the Ronin exploit has been moved to
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A post-mortem released Friday showed the funds were lost in a “reentrancy” attack. Original Source
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While the Ronin sidechain has nine validators requiring five signatures for withdrawals meant to protect against these types of attacks, the blog post notes that “the attacker found a backdoor through our gas-free RPC node, which they abused to get the signature for the Axie DAO validator.” Source
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Cashio's CASH token has lost almost all its value, as of the time of writing. Source
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Veve, a nonfungible token (NFT) marketplace with licensed digital collectibles, faced an exploit on Tuesday, resulting in millions of gems (in-app tokens) being acquired illegally. The platform is quite popular among mainstream brands such as Marvel, Pixar, and Coca-Cola, that have chosen Veve as their official launch partner.In an official
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The Li Finance swap aggregator has experienced a smart contract exploit leading to the loss of around $600,000 from 29 users’ wallets.The exploit took place at 2:51 am UTC on March 20. The attacker was able to extract varying amounts of 10 different tokens from wallets that had given “infinite
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Prices of TreasureDAO’s native MAGIC token recovered after falling some 40% in early Asian hours following positive developments. Source
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Laura Shin, a cryptocurrency journalist and host of the Unchained Podcast, claimed to have discovered the identity of the individual behind an exploit which drained more than 3.6 million Ether from Germany-based startup Slock.it’s The DAO in 2016.According to a Tuesday Bloomberg report, Shin claimed that she had “extremely strong
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