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WASHINGTON, United States (AFP) — North Korean-tied hackers were responsible for a $620-million cryptocurrency heist last month targeting players of the popular Axie Infinity game, US authorities said Thursday. The hack was one of the biggest to hit the crypto world, raising huge questions about security in an industry that only recently burst into the mainstream thanks to celebrity promotions and promises of untold wealth. Last month’s theft from the makers of Axie Infinity, a […]
SAN FRANCISCO, United States (AFP) — Hackers stole cryptocurrency worth over $600 million from a digital ledger used by players of the popular online game Axie Infinity, in a major digital cash heist revealed Tuesday. Interest in cyptocurrency has boomed, along with its values, but the money has also become an attractive target for tech savvy thieves. Ronin Network said the attack targeting its blockchain netted 173,600 ether and $25.5 million worth of stablecoin, […]
by Allison Jackson, with Alice Philipson in Hong Kong MANILA, Philippines (AFP) — Dominic Lumabi sits on the computer in his Manila bedroom pitting his puffer fish-like cartoon NFT characters against others. But this is not just a game — he is earning cryptocurrency to support his family during the pandemic. The source of his income is Axie Infinity, a blockchain-based play-to-earn game that exploded in popularity in developing nations such as the Philippines as […]
