Hackers Commence Movement of Nearly $7M Stolen From Axie Infinity’s Ronin Bridge Funds. Malefactors are using Tornado Cash to disburse funds to avoid being tracked. Hackers who perpetrated the massive hack on Ronin Bridge and stole a whopping $622 million from Sky Mavis, the developers of popular blockchain play-to-earn (P2E) game Axie Infinity, have started […]
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On March 28, the Enforcement Directorate (ED) arrested a person, Abdul Gafoor, one of the accused in the Morris Coin fraud case that erupted on the India crypto scene in January 2022 and still remains one of the largest such frauds in the country. ED is the economic intelligence wing of the Ministry of Finance, […]
Cryptocurrency hardware wallet provider Trezor has begun investigating a possible data breach that may have compromised users’ email addresses and other personal information. Earlier today, on Apr. 3, several users from the Crypto Twitter community warned about an ongoing email phishing campaign specifically targeting Trezor users via their registered email addresses. Hey trezor, are you […]
On March 23, Axie Infinity became the latest crypto project to lose millions to hackers. A breach of the Ronin network where the play-to-earn game is based led to a hacker stealing $620 million worth of crypto by exploiting the bridge. This was a loss on many levels and for many stakeholders connected to the […]