The Ronin network (RON) has retraced heavily this year. But the blockchain network is making waves in the DeFi front. After transforming into a full-fledged consumer chain (permissionless) in Feb this year, it recently launched its staking protocol. Following this move, the network’s DeFi TVL has already crossed 4 million. With the further addition of […]
Ronin
Base to Ronin: Chainlink CCIP Opens New Doors for Blockchain Builders
Ronin, thе pionееring gаming blockchаin, hаs lаunchеd Chаinlink’s Cross-Chаin Intеropеrаbility Protocol (CCIP), signаling а nеw еrа for its еcosystеm. Thе protocol, now livе, is sеt to rеplаcе Ronin’s lеgаcy bridgе by Jаnuаry 2025, strеаmlining thе trаnsfеr of аssеts аcross chаins whilе еlеvаting sеcurity stаndаrds. This strаtеgic intеgrаtion follows а unаnimous Octobеr votе by Ronin vаlidаtors […]
Binance Implements Stricter Policies To Combat Insider Trading
Binance co-founder He Yi took to the X platform to announce significant changes in the company’s policies regarding the leakage of coin listing information and insider trading. In a thread, He Yi expressed gratitude to the supporters of Binance while addressing concerns about recent controversies surrounding leaked listing information. Acknowledging the discussions sparked by the […]
Ronin Hackers Move the Stolen Ethereum and Bitcoin Using Mixers
The hackers responsible for the $625 million Ronin bridge assault in March have converted the majority of their assets from Ether (ETH) to Bitcoin (BTC) using renBTC and Bitcoin privacy tools Blender and ChipMixer. Since then, the hackers that carried out the $625 million Ronin bridge assault in March have converted the majority of their […]
Ronin Bridge’s Lost Assets on the Move
Ronin’s lost assets are on the move. There has been some movement on the blockchain address that was linked to the Axie Infinity Ronin bridge hack earlier this month. Several transactions have been made from the suspicious Ethereum address in the last several hours. The first was the transfer of 1,000 ETH worth about $3.5 […]
Axie Infinity Promises to Recover All $600 M of the Lost Funds to Its Users
The parent firm of Axie Infinity, which was recently the victim of an unprecedented $600 million crypto-hack, has announced that consumers who lost money in the robbery will be reimbursed. Sky Mavis’ chief operational officer, Aleksander Leonard Larsen, told Bloomberg, “We are absolutely committed to reimbursing our gamers as quickly as feasible.” “We’re still working […]
How did a $600M Hack of a Blockchain Bridge go unnoticed for almost a week?
Popular online game Axie infinity’s bridge called Ronin Network suffered an exploit losing more than half a billion funds in one of the biggest crypto attacks to date. The breach took place on March 23 but was discovered only on 30 March, Tuesday, according to the blog, published by Ronin detailing the incident. So what exactly […]
Axie Infinity is gearing up for major updates; more details
NFT-based gaming giant, Axie Infinity has released its January journal on 16th January 2022, which teased some major updates. For one, the team is currently focused on building out the Project K trading feature that will facilitate players to trade various resources with one another. As per the blog post, the trading system will likely […]