BIGGEST HACK IN THE HISTORY OF CRYPTO: The Ronin bridge of Axie Infinity was hacked

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Axie Infinity,is the popular Blockchain play to Earn visual game where users can exchange visual winning for real money.
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The bridge of Ronin network in which highly popular Axie Infinity game was said to be hacked on 23 march 2022, after one user said he was unable to withdraw his 5,000Eth from the bridge. He brought the alarm to the Ronin team and they started investigating.

According to the Ronin developers they said,the hackers used private keys to withdraw funds from the Blockchain.
The keys include the Sky Mavis four Ronin validator and the Axie DAO Validator.
The hackers made do with 173,600 Eth and 25.5 million USD and when calculated the total value is about $625,000,000
This is said to be one of the biggest hack in the history of crypto and DeFi.

Axie is a popular game in the Philippines and some developing countries in the world giving opportunity of financial freedom and income to many of it users.

We await to see if users will see their funds back and what will be the future of the game.

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Posted Using LeoFinance Beta



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