![]() “The Axie Infinity community will continue to support you Trung, shun the non-believers,” said one Twitter user. Nguyen also said that “the Bridge has been re-opened with all player funds backed 1:1”, eliciting a range of reactions, predominantly supportive, from other Twitter users. "I take ownership of the security breach, and will use it as a learning experience." ![]() Nguyen further claimed that Axie Infinity and its community are his life work, adding: The CEO claimed that "the Founding Team chose to transfer it from my wallet to ensure that short-sellers, who track official Axie wallets, would not be able to front-run the news." "In fact, the Founding Team even deposited 7.5M from a known Axie multi-sig wallet TO Ronin Network prior to the bridge closing to avoid triggering any short-sellers watching." In response to what he describes as “speculation of insider trading” related to the Ronin attack, which would benefit him financially, Nguyen tweeted that the "accusations are baseless and false," added that, The attackers hit Axie's Ronin bridge, which allows users to send crypto back and forth between Ethereum (ETH) and Axie’s Ronin sidechain, leading to the exploit to the tune of more than USD 600m last March, making it one of the biggest hacks in the history of decentralized finance ( DeFi). Sky Mavis claims that its CEO Trung Nguyen was redirecting the funds to his wallet with the aim to protect the company and aid users after the hack, Bloomberg reports. In the aftermath of the March hack of the Ronin blockchain, Vietnamese game developer Sky Mavis, the entity behind the blockchain-based game Axie Infinity ( AXS), is rejecting accusations of wrongdoing as some USD 3m worth of its native AXS token had reportedly been moved from Ronin to a Binanceaccount in the hours preceding the attack’s discovery. Source: a video screenshot, VTV24 / YouTube On Friday, Sky Mavis landed a deal with Google Cloud to secure its blockchain network.Trung Nguyen. Other investors in the round included software and venture firm Animoca Brands, VC firm Andreessen Horowitz, Switzerland-based capital enterprise Dialectic, and crypto-focused VC firm Paradigm. Led by cryptocurrency exchange Binance - whose tokens are used in “Axie Infinity” - the round was used to partially reimburse players and improve security. In April, Sky Mavis raised $150 million to help alleviate losses caused by the hack and a decline in daily active users. The hackers have been linked to a North Korean unit known as the Lazarus Group.Hackers stole a total of 173,600 Ethereum tokens.Blockchain analyst Chainalysis helped in the recovery.The title saw an exodus of players after it restricted the ability to transfer money out of the game. ![]() In March, “Axie Infinity” was hacked, causing Sky Mavis to lose $625 million. authorities following a hack of its NFT-based title “Axie Infinity.” Video game developer Sky Mavis has recovered $30 million worth of cryptocurrency tokens with the help of U.S.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |