Ronin Network Hack

Latest Ronin Network Hack news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

Finance

Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says

“These are the players who trusted us, and we failed to live up to that trust,” Sky Mavis co-founder Alexsander Larsen said on CoinDesk TV Friday.

By Fran VelasquezApr 8, 2022

"We're the team that pushed to go down this path of, you know, progressive decentralization and, and all those trade-offs made us vulnerable for this attack,” Larsen said.

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Today

11:19 AM

Neutral

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+1 Asset

U.S.-Iran deal lifts equities, sends oil lower, while crypto stays wary

The peace deal reached over the weekend provided the stimulus many markets had been waiting for. Crypto traders, however, have learned to distrust this particular headline

10:14 AM

Neutral

BTC0.00%

+1 Asset

Middle East ceasefire, Fed interest-rate decision: Crypto Week Ahead

Your look at what's coming in the week starting June 15.

8:09 AM

Negative

Trump-linked stablecoin used for bonus payouts at White House UFC contest

UFC Freedom 250 paid fighter bonuses in USD1, the stablecoin issued by the Trump-linked crypto venture World Liberty Financial, at a contest held at the White House.

7:52 AM

Negative

Ark Invest bought more than $500 million worth of SpaceX shares on IPO day

The purchases were likely funded by selling other positions, data shows. ARK is also one of the loudest bitcoin bulls, with a million-dollar target for 2030.

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