$30M Recovered From Axie Infinity (AXS) Ronin Bridge Hack

The US Federal Bureau of Investigations and Blockchain analytics company Chainalysis have recouped $30 million embezzled in a crypto heist from the Ronin Bridge hack. The post $30M Recovered From Axie Infinity (AXS) Ronin Bridge Hack appeared first on BeInCrypto.

Timeline of Axie-infinity, Ronin

Chainalysis revealed that it helped the US government seize over $30 million from North Korea-linked hackers of the Axie Infinity's (AXS) Ronin Bridge. The post Chainalysis helps US government seize $30M linked to Axie Infinity hack appeared first on CryptoSlate.

The firm collaborated with US law enforcement to track where the North Korea-linked hackers laundered the funds.  The post Chainalysis and US law enforcement recover $30 million from North Korea-linked Ronin exploit appeared first on The Block.

Axie Infinity (AXS) has broken down from its corrective pattern, but it is attempting to create its first higher low on the heels of the first AxieCon conference. The post Will Axie Infinity (AXS) Price Be Boosted by AxieCon?

Axie Infinity (AXS) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $20 mark. Bitcoin's (BTC) price continues to fluctuate, despite occasional surges.

The Axie infinity (AXS) price action displays a bull cycle gaining momentum within the consolidation range that shows potential to reach the $20 mark. However, the volatile market conditions question the bullish trend continuation and project the possibility of an early bearish reversal.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] wobbled between $20k and $19.9k in the twelve hours preceding press time.

Axie Infinity price analysis reveals that the cryptocurrency is currently trading at $14.41 after a slight increase of 3.29 percent over the last 24 hours. The market capitalization of the digital asset stands at $1.26 million, and the 24-hour trading volume is recorded at $118 million.

A mysterious whale wallet is holding 50% of Axie Infinity's SLP supply. The secretive wallet has been silently gathering billions of Smooth Love Potion (SLP), the in-game cryptocurrency powering one of the industry's most popular play-to-earn (P2E) crypto games, for almost a year now.

Axie Infinity has been feeling the bearish heat of the market recently. The GameFi-based protocol has been pretty active among the Twitter chat boxes recently after the release of the latest news.

An on-chain investigation by SlowMists reveals that the privacy protocol ChipMixer was used by Ronin bridge hackers (the Lazarus Group) to launder  3460 BTC ( $73.2 million as per press time). The post Ronin bridge Hackers used ChipMixer to launder over $73M of stolen funds appeared first on CryptoSlate.