625 million worth of crypto stolen from ronin network

$625 million worth of crypto stolen from Ronin Network

A recent crypto heist has resulted in the theft of $625 million worth of Ether and USDC from the Ronin Network. Ronin is the blockchain platform behind the popular Axie Infinity game, and this theft is thought to potentially be one of the largest crypto hacks of all time. The Ronin Network has announced it is working with law enforcement officials to investigate the incident and recover the stolen funds.

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Joe Biden signs executive order for crypto regulation to research and analyze it

President Joe Biden to sign an executive order for crypto regulation

President Biden is taking action to ensure crypto regulation is given the attention it deserves. This executive order will direct federal agencies to further crypto regulation in order to protect investors and prevent fraud. It is a positive step forward for the crypto community and will help to legitimize digital currencies in the eyes of lawmakers and financial institutions.

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