$600 million in cryptocurrency stolen from Axie Infinity game

30.03.2022 15:53
by Artem Ustinov
1 min read

$600 million in cryptocurrency stolen from Axie Infinity game

Hackers have broken into the Ronin network, which is used to supply and withdraw liquidity from Axie Infinity. As a result of the attack, the attackers managed to withdraw 173,600 ETH and 25.5 million USD Coin.

The incident occurred on March 23, but the burglary was discovered only on March 29. Ronin developers said they are “working with law enforcement, forensic cryptographers and investors.

The Axie Infinity game and Ronin intend to return the money or receive compensation. The total amount of theft in dollar terms exceeded $600 million.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

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