On March 23, $620 million was stolen from the blockchain network associated with Axie Infinity, a crypto-backed video game. The vulnerability has to do with the structure of the game itself, which ...
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 hack of its play-to ...
When Logan Evans found out that Axie Infinity — a popular online game in which players can earn cryptocurrency — fell victim to one of the largest digital heists of all time, he worried he had lost ...
The hack that caused Axie Infinity losses of $620 million in crypto started with a fake job offer from North Korean hackers to one of the game’s developers. The attack happened in March 2022 and ...
Chalk it up as the latest blockchain failure. The roughly four-year-old GameFi market, a sector of the cryptocurrency economy, has been another dud for investors. Axie Infitity (AXS) has lost almost ...
In one of the biggest breaches in DeFi history, hackers stole more than $600 million of tokens — Ethereum and USDC — from the Ronin blockchain associated with the popular game, Axie Infinity. Both ...
Axie Infinity developer Sky Mavis announced Tuesday a massive breach of its Ronin cryptocurrency sidechain. An attacker used “hacked private keys” to break through Ronin’s validator network, Sky Mavis ...
Forbes contributors publish independent expert analyses and insights. News and opinion about video games, television, movies and the internet. It’s been a banner week for the advent of NFTs in gaming, ...
is a senior editor following news across tech, culture, policy, and entertainment. He joined The Verge in 2021 after several years covering news at Engadget. Now Sky Mavis has announced it’s received ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...