Ronin Network News

FBI Says $620 Million Axie Infinity Heist Was The Work Of North Korean Gangs

April 16, 2022 Marc Marasigan Comments

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Last month saw Axie Infinity’s Ronin Network get hacked for roughly $625 million worth of Ethereum and USDC tokens in what could be the biggest cryptocurrency heist in history. The FBI have now tracked down the culprits and it’s probably come as a surprise to everyone. According to the federal law enforcement agency, a pair of North Korean gangs known [...]

Axie Infinity’s Ronin Network Hacked, Over $600M Worth Of Crypto Stolen

March 31, 2022 Marc Marasigan Comments

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Hackers have stolen $625 million worth of cryptocurrency from Ronin Network, the blockchain company behind the popular play-to-earn game Axie Infinity, in what might be the biggest crypto heist in history. According to Ronin, the hackers were able to exploit a breach between Vietnamese studio Sky Mavis and Ronin’s validator nodes that allowed them to siphon 173,600 ETH and 25.5 [...]