Ronin white hat attacker returns $10M in ETH after apparent accidental front-run
The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty.
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The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty.
Ronin Network co-founder Aleksander Larsen announced that the Ethereum sidechain has been temporarily paused to investigate a potential Maximal Extractable Value (MEV) exploit. On Aug. 6, blockchain security firm Cyvers reported that an MEV bot siphoned 4,000 ETH, valued at $9.85 million, from the network. Despite this incident, the network’s native RON token remains unaffected, […]
The post Ronin Network hit by $9.85M exploit but RON token surges 11% appeared first on CryptoSlate.
If the exploit occurred due to a white hat hacker, the funds could soon be returned to the blockchain.
The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw without signature.
Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a dedicated and resilient community that has been built since the launch of Axie Infinity.
Check out which NFT-related coin ranked first in terms of "notable development activity" in the last month.
Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs, while the rest will return to the Axie treasury.
Bitcoin NFTs surpass Ronin in all-time sales volume, achieving over $4.27 billion and climbing to third place behind Solana and Ethereum.
Sky Mavis co-founder Jeff Zirlin told Cointelegraph that the company is preparing for a future when it will have to handle 400 million to four billion transactions.
The Axie Infinity price forecast suggests that the coin is bouncing back from its daily opening price of $7.40, with potential for further fluctuations ahead. [...]
On the weekly chart, Axie Infinity (AXS) signals a positive short-term outlook, displaying a pattern that suggests a bullish trend.…
The post Axie Infinity Signals Bullish Outlook, Analyst Predicts Rise To $22 first appeared on The Crypto Basic.
Decentraland (MANA), The Sandbox (SAND), and Axie Infinity (AXS) find place in the top 10 club.
Dubbed play-to-airdrop without grinding, Axie Infinity is giving out 10K AXS rewards weekly.
Sky Mavis has announced that four gaming studios will be launching games on the Ronin Network, expanding its native gaming ecosystem. The move is aimed at creating more community-centric, rewarding, and fun gaming experiences while also attracting more users to the Web3 space. (Read More)
U.S. Representatives probe Apple's App Store policies, raising concerns over potential impact on blockchain and NFTs, and questioning the balance between security and innovation. (Read More)
Sky Mavis, the team behind the popular blockchain game Axie Infinity, revealed that four gaming studios will be building and launching games on top of the Ronin network, sparking the creation of its own native gaming ecosystem. In an announcement sent to Cointelegraph, Sky Mavis highlighted that they partnered with four gaming studios: Directive Games, [...]
The post Axie Infinity creator works with studios to push Web3 adoption through new games appeared first on Crypto Breaking News.
Learn about Axie Infinity Classic's new feature Guilds which allow players to create or join guilds for 8 AXS, accommodating up to 60 members.
Axie Infinity is an online play-to-earn game developed by Sky Mavis, a Vietnamese gaming studio, that specialises in building blockchain-based...
As time passes by, the community speculates that more Ronin validators will be hosting airdrops to $RON stakers in the future.
Sky Mavis unveils its new MMO game Axie infinity: Atias Legacy set in the universe of Lunacia.
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