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, […]
Tag: Axie
Hackers steal over $600 million in major crypto heist
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, […]
SEC official tells public to exercise “due diligence” with crypto play-to-earn platforms
(Eagle News) – An official of the Securities and Exchange Commission (SEC) advised the public to exercise due diligence when transacting with crypto or online platforms, including those involving play-to-earn platforms such as Axie Infinity. SEC Commissioner Kelvin Lee said Axie Infinity for instance did not register as a business entity here in the country with the SEC, nor did it register to conduct investment solicitation. “Base po sa verification ng records po namin […]





