Gaming-Focused Ethereum Integrates Binance Pay
Ethereum sidechain Ronin (RON) is partnering with Binance Pay to make it easier for traders to fund their crypto wallets. Binance Pay allows traders to access their funds on the exchange and use them outside of it. Ronin, launched in 2021 by Sky Mavis, was created as a scaling solution for millions of daily users.
However, in March 2022, the protocol was exploited by the Lazarus Group, a hacking crew associated with the North Korean government, for 173,600 ETH and 25.5 million USDC worth $600 million.
(With inputs from Shikha Singh)
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