Finance Redefined: Axie Infinity’s Ronin bridge faces worst hack, Binance launches Bridge 2.0 and more

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Last week witnessed most of the top 100 DeFi tokens hit significant highs and the major crypto hack in history, among other hot stories of the blockchain buzz. Don’t miss Finance Redefined and stay on top of the latest crypto stories.

In a statement, its developers said they were “currently working with law enforcement officials, forensic cryptographers and our investors to make sure that all funds are recovered or reimbursed. All of the AXS, RON and SLP [tokens] on Ronin are safe right now.”On Tuesday, centralized cryptocurrency exchange Binance announced the rollout of Binance Bridge 2.0. The feature enables users to bridge assets from any blockchain, including tokens not listed on the Binance app, to the BNB Chain.

Users can bridge in or bridge out tokens between their native blockchains and BNB Chain via regular deposit and withdrawal functions. In the future, Binance also plans to create a better version of its mobile app to allow users to facilitate such conversion via a single click.ConsenSys-owned MetaMask tweeted a thread of updates on Tuesday for iPhone and Apple Pay users.

MetaMask uses two payment gateways, Wyre and Transak, to support debit card and credit card transactions. Users can now use their Visa and Mastercard credit cards stored in Apple Pay to buy ETH and deposit a daily maximum of $400 into their wallets thanks to the Wyre API.The month of March has been a tale of two halves for the cryptocurrency market, and the weakness that has been seen since the start of the year is starting to fade.

Data from cryptocurrency market intelligence firm Messari shows that a majority of the top tokens in the DeFi sector have posted double-digit gains over the past 30 days, led by THORChain , which has increased by 199.81%, and

 

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