Axie Infinity NFT game reopens transactions months after $625 million theft

Image: Sky Mavis

Ronin Bridge, the link that enables users to transfer funds to and from accounts in the “play to earn” Axie Infinity game, has reopened following a $625 million theft that took place in March. Sky Mavis, the developer group behind Axie Infinity and the Ronin blockchain that powers the game, announced that players can now use the bridge to make deposits and withdrawals.

Since March, the Ronin Bridge has been closed off as Sky Mavis worked to bolster its security protocols and recover users’ funds. The attack went unnoticed for six days until a user tried to withdraw funds and couldn’t do it. In a postmortem, Sky Mavis blamed a spear-phishing attack that compromised an employee’s account, saying that person no longer works with the...

Continue reading…



source https://www.theverge.com/2022/6/28/23186368/axie-infinity-nft-game-transactions-625-million-theft

Comments

Popular posts from this blog

In a world first, China lands a spacecraft gently on the Moon’s far side

Snap suspends two anonymous messaging apps after cyberbullying lawsuit