Hackers Steal $620M In Ethereum And Dollars From Axie Infinity’s Ronin Network

Sky Mavis reported that the Ronin Network, which supports its Axie Infinity game, had been hacked, allowing thieves to steal 173,600 Ethereum ($594.6 million) and $25.5 million, for a total of $620 million. As a result, the Ronin bridge and Katana Dex enabling transactions have been halted. For now, players who have funds stored on the network can’t access their money. The stolen funds only represent a portion of the overall holdings of Sky Mavis and its Axie decentralized autonomous organization.

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