The week in crypto in 2 minutes (April 4, 2022)
There’s a lot happening in crypto every day! Here’s five takeaways from the past week.
Ronin bridge hacked for 600+ million dollars!
Remember Axie Infinity, the über successful game that started the Play-to-Earn craze in 2021? Axie used the Ronin sidechain to facilitate the transfer of NFTs, as well as its SLP and AXS tokens. The bridge linking Ronin and Ethereum has been hacked and more than 600 millions dollars stolen, mostly through 170,000 ETH.