Axie

Technology

An in-depth look at North Korea's crypto cyber crime, used to support the regime: hacking Axie Infinity and Bangladesh Bank, running a fraudulent ICO, and more (Financial Times)

[ad_1] Financial Times: An in-depth look at North Korea’s crypto cyber crime, used to support the regime: hacking Axie Infinity…

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Technology

Chainalysis says it helped the US government recover about $30M stolen from Axie Infinity by the North Korea-linked Lazarus Group earlier in 2022 (CoinDesk)

[ad_1] CoinDesk: Chainalysis says it helped the US government recover about $30M stolen from Axie Infinity by the North Korea-linked…

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Technology

US sanctions cryptocurrency mixer Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, making it the first mixer to be sanctioned by the US (Joe Warminsky/The Record)

[ad_1] Joe Warminsky / The Record: US sanctions cryptocurrency mixer Blender.io for allegedly laundering $20.5M from the Axie Infinity hack,…

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Technology

North Korean hackers who stole $600M from Axie Infinity are still laundering their haul, recently moving $4.5M of ETH, after the US tried to freeze those assets (Washington Post)

[ad_1] Washington Post: North Korean hackers who stole $600M from Axie Infinity are still laundering their haul, recently moving $4.5M…

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Cyber security

Lazarus Group Behind $540 Million Axie Infinity Crypto Hack and Attacks on Chemical Sector

[ad_1] The U.S. Treasury Department has implicated the North Korea-backed Lazarus Group (aka Hidden Cobra) in the theft of $540…

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Technology

The US Treasury says North Korea-backed hacking group Lazarus is tied to the theft of cryptocurrencies worth $600M+ from the Axie Infinity-linked Ronin bridge (CoinDesk)

[ad_1] CoinDesk: The US Treasury says North Korea-backed hacking group Lazarus is tied to the theft of cryptocurrencies worth $600M+…

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Technology

Axie Infinity's economics make little sense and it is reminiscent of a Ponzi scheme, but the strength and engagement of its community may sustain it long term (Adi Robertson/The Verge)

[ad_1] Adi Robertson / The Verge: Axie Infinity’s economics make little sense and it is reminiscent of a Ponzi scheme,…

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Technology

A look at Axie Infinity "managers", who loan in-game NFTs to other players in exchange for a cut of any profits and depend on a constant influx of new players (Edward Ongweso Jr/VICE)

[ad_1] Edward Ongweso Jr / VICE: A look at Axie Infinity “managers”, who loan in-game NFTs to other players in…

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Technology

Sky Mavis: Axie Infinity DAUs had fallen 45% from a November peak to 1.48M for the week ending March 28, a day before Ronin's ~$600M crypto hack was announced (Sidhartha Shukla/Bloomberg)

[ad_1] Sidhartha Shukla / Bloomberg: Sky Mavis: Axie Infinity DAUs had fallen 45% from a November peak to 1.48M for…

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Technology

Sky Mavis COO Aleksander Larsen says the company is "committed to reimbursing" Axie Infinity players and is "working on a solution" (Bloomberg)

[ad_1] Bloomberg: Sky Mavis COO Aleksander Larsen says the company is “committed to reimbursing” Axie Infinity players and is “working…

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