The Wall Street Journal: In the second-biggest crypto heist yet, hackers steal more than $500 million from Axie Infinity game network

United States

A cryptocurrency startup that operates a popular online game called “Axie Infinity” said Tuesday that hackers stole more than $ 500 million worth of cryptocurrency.

“Axie Infinity” publisher Sky Mavis Ltd. said on March 23, hackers infiltrated a part of its Ronin Network, which the game runs on. The infiltrators got access to accounts holding cryptocurrencies and drained 173,600 ether and 25.5 million of the stablecoin USDC.