North Korea, NFTs and a hit video game: inside a $500m cryptocurrency theft
by Carly Olson from Technology | The Guardian on (#5Y7ZY)
Another high-profile hack has raised more questions about the vulnerabilities of the blockchain
Late last month, hackers made off with what was then worth more than $500m from the systems of cryptocurrency network Ronin, in what is believed to be the second-largest cryptocurrency theft on record.
Ronin was a juicy target for a hacker. The blockchain project supports the wildly popular Axie Infinity video game, which with an estimated 8 million players has drawn comparisons to action-driven collecting games like Pokemon Go.
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