On March 23, $620 million was stolen from the blockchain network associated with Axie Infinity, a crypto-backed video game. The vulnerability has to do with the structure of the game itself, which ...

Vietnamese gaming studio Sky Mavis announced that it has raised $150 million in funding led by crypto exchange Binance to help reimburse users who lost funds during a ~$625 million hack of its play-to ...

When Logan Evans found out that Axie Infinity — a popular online game in which players can earn cryptocurrency — fell victim to one of the largest digital heists of all time, he worried he had lost ...

The hack that caused Axie Infinity losses of $620 million in crypto started with a fake job offer from North Korean hackers to one of the game’s developers. The attack happened in March 2022 and ...

Chalk it up as the latest blockchain failure. The roughly four-year-old GameFi market, a sector of the cryptocurrency economy, has been another dud for investors. Axie Infitity (AXS) has lost almost ...

Hackers have stolen cryptocurrency worth almost $615 million from a blockchain project linked to popular online game Axie Infinity, the latest cyberheist to hit the digital asset sector. Subscribe to ...

In one of the biggest breaches in DeFi history, hackers stole more than $600 million of tokens — Ethereum and USDC — from the Ronin blockchain associated with the popular game, Axie Infinity. Both ...

Forbes contributors publish independent expert analyses and insights. News and opinion about video games, television, movies and the internet. It’s been a banner week for the advent of NFTs in gaming, ...

Last week marked the one-year anniversary of the Ronin network hack, when the blockchain that powers the non-fungible token (NFT)-based Axie Infinity video game was exploited for a record-shattering ...

Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...