Oct 3, 2024
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Axie Infinity, Ronin Network Lose $625 Million in Hack Attack, Ether and USD Coin Stolen
Axie Infinity, Ronin Network Lose $625 Million in Hack Attack, Ether and USD Coin Stolen
Ronin Network validator nodes for Sky Mavis, the parent of NFT game Axie Infinity, were breached by hackers. A whooping amount of $625 million (roughly Rs. 4,729 crore) have been stolen in the form of Ether and USD Coin tokens, making it the largest-ever loot to have been extracted out of a blockchain hack. The Ronin Network is an Ethereum-linked sidechain built by Sky Mavis specifically for…
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