Treasury and Fund Structure 

Over the past four years, the treasury has accumulated millions of dollars in tokens through various ecosystem revenue streams, including: 

• 0.05% fee from Katana DEX trades, 
• 0.5% commission from Ronin Market trading volume, 
• 30% share from Ronin Name Service (RNS) registration and renewal fees, 
• Gas fees generating approximately 3 million RON annually. 

As of now, the treasury holds around $5 million in assets, with only 12% in RON or wRON. The new buyback program will significantly increase the treasury’s RON holdings. 

Importance of the RON Buyback Program 

The planned buybacks will not only balance the token economy but also reduce circulating supply, creating a deflationary effect. This move is expected to support RON’s value for long-term investors and Web3 users alike. 

Additionally, the program sends a strong signal regarding Ronin’s future Layer-2 transition on Ethereum. The team emphasizes confidence in RON’s future and their growth-oriented strategy. 

Ecosystem and Market Impact 

Throughout the buyback process, all transactions will be executed on-chain through third-party market makers. This approach ensures transparency and adds new transaction fees to the ecosystem. 

 You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Ronin (RON) Treasury Makes Historic Move Starting September 29 appeared first on Coin Engineer.

More Than Just NFTs: Crosschain Power With OS2

OpenSea’s OS2 platform has officially moved out of beta, now enabling full token trading across 14 blockchains. With support for fungible tokens on Solana, OS2 marks a significant step forward in crosschain functionality. According to Chief Marketing Officer Adam Hollander, the goal is simple: give users the ability to mint an NFT on Solana, swap a gaming token on Ronin, and buy a memecoin—all from a single wallet experience.

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This streamlined approach eliminates the need for multiple DApps and bridges, creating a more fluid and user-friendly experience for traders and collectors alike.

User Numbers Tell The Real Story

Despite the broader market cooling from its 2021–2022 highs, OpenSea is showing signs of resilience. Weekly unique collectors have increased by 40% since January, indicating that “the tourists left, but the true users stayed,” according to Hollander.

This trend is reflected across the NFT space. May 2025 saw 936,000 unique buyers—a 50% increase from April’s 622,000. It also marked the first monthly volume uptick in five months, signaling renewed interest in digital ownership.

Digital Ownership Unlocks Real-World Potential

OpenSea believes in the “real power” of provable ownership. Platforms like Courtyard are already bridging the gap between physical assets and NFTs, with physical trading cards being sold onchain. Between April 15–22 alone, this market saw a sales volume of $20.7 million, helping Polygon surpass Ethereum in weekly NFT volume.

According to Hollander, this evolution is just beginning: “New tech starts with narrow use cases, then expands into powerful applications.” With OS2, OpenSea is staking its claim in that future.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post A New Era Begins: OpenSea Moves Beyond NFTs appeared first on Coin Engineer.

Designed by Sky Mavis, Ronin is an Ethereum sidechain meant to complement the play-to-win web3 game Axie Infinity.

Sky Mavis posted on X Friday, “The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) has successfully frozen and returned 5.7 MUSD in stolen assets from the Ronin bridge incident.”

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As stated by the Axie Infinity web3 game developer, the process of getting the assets back requires the intervention of police, lawyers, accountants, and blockchain tracing firms such as Chainalysis. It was confirmed that 15% of the funds will go towards expenses, while the rest will go to the Axie Infinity treasury.

“We kindly want to publicly thank everyone who helped with the recovery efforts, especially Økokrim and the FBI in the US, for their relentless search and recovery of these assets for the Axie and Ronin communities,” Sky Mavis said.

The game developer claimed that the law enforcement authorities have seized about $40 million in related assets so far; however, the process of reclaiming these would take some time, and the company could not give an exact timeline on when it would be possible.

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According to the data dashboard of The Block, the Ronin attack in March 2022 remains the largest DeFi hack to date, with a loss of approximately $600 million in crypto assets. Besides other attacks, such as the $100 million Harmony bridge hack in January 2023, the attack has been attributed to the North Korean cybercrime team, Lazarus Group.

The hack stole 173,600 ETH (about $590 million at the time) and USDC stablecoins worth $25.5 million.

In particular, the attackers were able to compromise five out of nine genuine validator private keys on the Ronin network during the attack. After that, the attacker was able to authorize and execute fake transactions to steal the funds from the Ronin bridge, a bridge that transfers assets from the Ronin sidechain to the Ethereum mainnet.

The post Ronin Exploit: $5.7M Recovered by Norway appeared first on Coin Engineer.

Binance’s Response to Insider Trading Claims

In an official statement, Binance refuted the allegations, stating that the individual in question has no connection to the exchange. The exchange initiated an internal investigation and concluded that the person’s actions were unrelated to Binance.

According to the claims, the individual withdrew Solana worth $2.3 million from Binance just before the BOME listing and purchased BOME tokens with the proceeds. The price of BOME subsequently spiked from $0.0074 to $0.026.

Binance‘s statement reads:

“We have noticed discussions circulating for a few days regarding an incident labeled as ‘insider trading in BOME’ on Binance. We take this matter seriously and immediately launched an internal investigation based on certain data. According to our preliminary investigation results, the individual mentioned in the information has no connection to Binance. Thank you for your interest. We will continue to make such statements to ensure the truth is revealed in a transparent manner.”

Similar Allegations Surfaced for RONIN Listing

In February, Binance‘s listing of the RONIN token was also met with allegations of insider trading. The token’s price experienced a sharp decline shortly after the listing announcement, leading to suspicions about insider information being used to profit from the listing.

In response to the RONIN incident, Binance emphasized its commitment to conducting thorough due diligence before listings. The exchange also stated that it would be more cautious in the future and would not hesitate to adjust listing schedules or even postpone or cancel listings if necessary.

Binance further announced a program to reward individuals who provide information about insider trading activities. The rewards range from $100,000 to $5 million, and the identities of informants are protected.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Denies Insider Trading Allegations for BOME Listing appeared first on Coin Engineer.

Binance Exchange listed the RONIN altcoin today at 16:00. However, it came to the fore that some information was leaked before the listing announcement. Binance team members may have leaked the information before the listing.

According to the information shared, the team had prepared everything on the blockchain before the listing announcement.

The Binance team members involved in this are still uncertain. However, Binance co-founder Yi He said the following about the members involved:

• It was detected that the token was integrated into the blockchain by team members before the listing announcement.
• People who leak information will first be warned. If this negligence happens again, the warned people will be fired.
• If people within the team report those who leaked information about the RONIN listing, they will receive a fee between $10,000 and $5 million. This amount will be given from the budget that Binance has created for security vulnerabilities.

Binance will follow these two rules from now on for similar events that may occur again.

The post Developments on the Binance Front Regarding the Ronin Listing! appeared first on Coin Engineer.

You might like: Binance Will List Ronin (RON)

In addition, in 2021, the project covered 15% of the total market NFT trading volume. In addition, the project allows millions of transactions to be carried out smoothly and scalably within the game.

Also, the project is rising to a good position in Web3 games by making transactions fast and with very low fees.

What are the Features of Ronin?

Scalability: It hosts millions of users per day despite many blockchains and stands out as the only platform that has scaled a single game.

Security: The “Ronin Validator Breach” in 2022 resulted in the theft of 173,600 ETH and 25.5 million USDC. Therefore, the project creator Mavis studio, together with experts, took strict internal security measures and provided optimized high security.

High Optimization for Games: The project eliminates problems such as spam encountered by other blockchains. It also offers high quality applications and runtimes.

How is the Ronin Consensus Mechanism?

Thanks to the Proof of Authority (PoA) consensus, the Validator network protects the network and transactions on the network. (The task of the validators is to add newly created blockchains to blocks.) In addition, validators were granted the right to add new validators or remove existing ones by majority vote, which puts the project in a reliable position.

The Delegated Proof of Stake (DPoS) consensus has increased decentralization by showing that anyone can be a validator. In other words, any user with a certain amount of RON tokens can become a Validator by joining the network. Thanks to this mechanism, token owners will be able to freely delegate their own shares to the Validators they want. In addition, both users and validators will share network rewards.

In addition, RON staking will apply ‘slashing’ rules to prevent abuse. Thus, the purpose of Slashing is to punish validators who do not produce new blocks and try to make fraudulent transactions.

You can go to the staking page by clicking here to earn rewards by staking RON.

Ron Project Team and Developers

Jeffrey Zirlin and Alexander Leonard Larsen developed Ron Network at Sky Mavis game studio.

Alexander Leonard Larsen is the co-founder of Axie Infinity and the COO of Ronin.

Jeffrey Zirlin is the creator of Axie Infinity and co-founder of Sky Mavis.

Tokenomics

The RON token is the native token of the Ron Network ecosystem. The RON token also offers users opportunities such as staking, paying transaction fees, and earning rewards from validators.

-Total Supply: 1,000,000,000

-Circulating Supply: 293,226,714

In addition, the RON token distribution was made as follows:

• Team (30%)
• Community (30%)
• Staking rewards (25%)
• Ecosystem Fund (15%)

Ronin (RON) Market Data

Where to Buy?

Binance exchange announced that it will list RON Token. In addition, you should register with the exchanges with lifetime discounted links by clicking on our Coin Engineer Special Discount links to not miss this opportunity.

Listed Exchanges

OKX

Gate.io

BitGet

MEXC

CoinEx

The post What is the Ronin (RON) Project? Where to Buy It? appeared first on Coin Engineer.

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Introducing new spot trading pairs RON/BTC, RON/USDT, RON/FDUSD, and RON/TRY. Deposits for RON on Binance are now open, allowing users to prepare for trading, and withdrawals will be available starting at 13:30 (UTC) on February 6, 2024. Additionally, there is no BNB listing fee applicable for RON.

What is Ronin?

Ronin is a blockchain designed specifically for Web3 gaming, compatible with the Ethereum Virtual Machine (EVM).

Launched by Sky Mavis, the brains behind Axie Infinity, a Web3 sensation with $1.3 billion in revenue, Ronin is an EVM blockchain designed specifically for gaming. It is the first blockchain that has successfully scaled a game for millions of daily users, processing over $4 billion in NFT volumes. Ronin stands out for its near-instant transactions and low costs, allowing millions of people to seamlessly perform in-game transactions. It is the primary choice for Web3 games.

To buy RON tokens register for Binance by clicking here.

RONIN is a relatively new token that poses a higher-than-normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regard to RONIN’s fundamentals, and fully understand the project before opting to trade the token.

Binance Listing

The Seed Tag represents an innovative project that may exhibit higher volatility and risks compared to other listed tokens. The Seed Tag will be applied to RONIN.

To gain trading access to the tokens marked with Seed Tag, users will need to pass the corresponding quizzes every 90 days on the Binance Spot and/or Binance Margin platforms and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading the tokens with the Seed Tags. Users may find the Seed Tags on the corresponding Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page. A risk warning banner will also be displayed for all tokens with the Seed Tags.

For various discounts on different exchanges, visit our website.

Our page is available for informational purposes and is not investment advice.

The post Binance Will List Ronin (RON) appeared first on Coin Engineer.

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Coinbase, which has listed most of the coins added to its roadmap so far, constantly reiterates that this does not guarantee a listing.

After the news broke, Ronin (RONIN) experienced a sudden surge. However, it could not sustain this rise and fell back to its pre-news level of $2.84. RONIN is currently not listed on the Binance exchange either.

In its announcement yesterday, Coinbase listed ZETA with the experimental label.

Before Ronin (RONIN), it added the Render (RNDR), Velo (VELO), and Aero (AERO) altcoins to its roadmap.

In addition to Ronin, RENDER, VELO, and AERO are currently on the roadmap list.

The post Coinbase Adds a New Altcoin to its Roadmap! appeared first on Coin Engineer.