Good day, ApolloXplorer!Here are today’s key headlines for you to stay up to date with the latest:<h2 id="header-0">#1. Ronin Network’s $625M hack</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/1b521ff06be64843bb65c9e8067a53fd.png" />Image credit: Sky MavisRonin Network announced on Tuesday a loss of over $625 million in USDC and ETH.The exploit affected Ronin Network validator nodes for Sky Mavis, the publishers of the popular Axie Infinity game, and the Axie DAO.An attacker “used hacked private keys in order to forge fake withdrawals” from the Ronin bridge across two transactions, as seen on Etherscan.Source: <a href="https://www.coindesk.com/tech/2022/03/29/axie-infinitys-ronin-network-suffers-625m-exploit/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. MicroStrategy takes loan to buy more bitcoin</h2>MacroStrategy, a subsidiary of MicroStrategy (MSTR), has received a $205 million term loan from crypto payments provider Silvergate Bank (SI).The loan was collateralized with about $820 million worth of bitcoin, according to a regulatory filing.MacroStrategy can use the loan to purchase bitcoin or for MacroStrategy’s or MicroStrategy’s general corporate needs.Source: <a href="https://www.coindesk.com/business/2022/03/29/microstrategys-unit-gets-205m-collateral-loan-from-silvergate-to-buy-bitcoin/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. Large transactions on Cardano increases more than 50X</h2>The number of large transactions on the Cardano blockchain has increased by more than 50X this year.Large Transaction Volume (LTV) refers to aggregated volume from transactions denominated in ADA valued at more than $100,000.Crypto intelligence firm IntoTheBlock said that such high volume indicates “increasing institutional demand.”Source: <a href="https://cointelegraph.com/news/institutional-demand-as-large-transactions-on-cardano-up-50x-in-2022" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-3">#4. Blockchain.com acquires crypto OTC trading desk</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/6ee12ba726d941009f7838f2bd38c27e.png" />Image credit: The BlockBlockchain.com has acquired Altonomy’s over-the-counter (OTC) trading desk for $250 million.The acquisition will help the firm expand its trading operation and presence in Asia. Blockchain.com traded $10 billion last year across its OTC and other trading businesses.The desk is said to have traded $16 billion in 2021.Source: <a href="https://www.theblockcrypto.com/post/139805/blockchain-coms-crypto-otc-trading-desk-acquisition-topped-250-million-source" rel="noopener noreferrer nofollow">The Block</a><h2 id="header-4">#5. Messi signs $20m deal with Socios</h2>Lionel Messi has signed a $20 million deal with Socios to become the fan token site’s global brand ambassador. The deal does not involve crypto.Fan Tokens are digital assets created on the blockchain that grant their owners access to a service that sports organisations provide to fans through the Socios app.When Messi transferred from Barcelona to the Paris-Saint Germain club last August, he received a “large number” of fan tokens from Socios as a part of his signing-on fee.Messi will promote the exchange for the next three years.Source: <a href="https://www.theverge.com/2022/3/29/23001448/lionel-messi-20-million-deal-promote-socios-fan-token-site-cryptocurrency-soccer-football" rel="noopener noreferrer nofollow">The Verge</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a>

Crypto News of the Day: Ronin Network suffers $625M hack, Messi signs $20M deal with Socios

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