Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

The recent hack of Axie Infinity’s Ronin blockchain reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said.

How hackers stole more than $600M from Axie Infinity’s Ronin network: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Visa’s head of crypto Cuy Sheffield and NFT artist Micah Johnson discuss the payment processor’s new NFT initiative.

00:00 – CNBC Crypto World, March 30, 2022
0:23 – Cryptocurrencies dip
1:02 – Hackers steal $600M
3:40 – Visa launches NFT program

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How hackers stole more than $600M from Axie Infinity’s Ronin network: CNBC Crypto World

Crypto expert explains what Ronin Network hack shows about crypto security

#Crypto #Bitcoin
Emily Parker, global macro editor and tv anchor for CoinDesk, joins Yahoo Finance Live’s Rachelle Akuffo and Bradley Smith to discuss the Ronin Network hack and what it means for cryptocurrency going forward.
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Axie infinity hacked | defi largest hack ever $600million | crypto spider| #cryptohack #axieinfinity

Axie infinity hacked | defi largest hack ever $600million | crypto spider

#shorts #roninbridge #axshacked #600million
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Axie Infinity Exploited Ronin Chain Hacked BEWARE

There Was A Major Exploit That Happened To The Ronin Blockchain And Drained Over $600,000,000 In Ethereum And USDC.

Check Out How They Exploited To The Ronin Chain.

Axie Infinity Article:

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0:00 intro
0:20 Article
1:30 Price Drop Of AXS
2:00 Hackers Wallet
4:00 Conspiracy
5:30 Join Our Discord

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