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In March 2022, the Lazarus Group was found responsible for stealing $620 million worth of cryptocurrencies from the Ronin Network, a bridge used by the Axie Infinity game. [51] The FBI said "Through our investigations we were able to confirm the Lazarus Group and APT38, cyber actors associated with [North Korea], are responsible for the theft ...
Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis, [1] known for its in-game economy [2] which uses Ethereum-based cryptocurrencies. [3] It has been called 'a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth.' [ 4 ]
Axie Infinity, released in 2018 by Sky Mavis, is an example of a "play-to-earn" game, where the game incentivizes players to purchase and then improve NFTs through in-game activities which are then resold to other players by the publisher, with the player receiving compensation for their work. In the Philippines, where the game was most popular ...
A pig butchering scam (in Chinese sha zhu pan [2] or shazhupan, [3] (Chinese: ĉçŞç), translated as killing pig game) [1] is a type of long-term scam and investment fraud in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent cryptocurrency scheme.
Along with the testnet release, Axie Infinity is also announcing a bug bounty program. Developers who flag critical issues in Ronin can earn rewards as high as $2,000.
Blender.io is a cryptocurrency mixer that was established in 2017. [1] In 2022, it was sanctioned by the Office of Foreign Assets Control of the U.S. Department of the Treasury for allegedly aiding the Lazarus Group, a hacking group associated with the government of North Korea.
If you get an email providing you a PIN number and an 800 or 888 number to call, this a scam to try and steal valuable personal info. These emails will often ask you to call AOL at the number provided, provide the PIN number and will ask for account details including your password.
In the later half of the video Olson goes over the Crypto and NFT community while also going over and criticizing blockchain games, the "play to earn" gaming business model (focusing on Axie Infinity in particular), and decentralized autonomous organizations (DAOs).