Blog | G5 Cyber Security

Update: Crypto Hackers Exploit Ronin Network for $615 Million

Ronin Network, a sidechain tied to blockchain game Axie Infinity, announced it had been breached by hackers that hijacked 173,600 ethereum and $25.5 million in stolen funds. The FBI has attributed the attack to North Korean hackers, and the U.S. Treasury Department has sanctioned a cryptocurrency wallet used by attackers. Ronin Networks powers the gaming marketplace for Axie infinity, an NFT-driven game, which is operated by Vietnam-based Sky Mavis. The company says it is working to make sure user user assets are not stolen.”]

Source: https://www.bankinfosecurity.com/update-crypto-hackers-exploit-ronin-network-for-615-million-a-18810

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