Ronin Hack - Axie Infinity

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Avatar for Shweta
Written by
2 years ago
Topics: Cryptocurrency


Biggest and shocking DeFi Hack till now ,where P2E (Play to Earn) game- Axie Infinity announced that users had to face loss of $650 millions.

Few of the validators on Ronin network had their private keys compromised which is the prime reason of the biggest crypto hack.

Currently Sky Mavis (Axie Infinity Publisher) is trying to get hold of the perpetrators. However, it is suspected that the stolen crypto has been diverted to multiple other wallets. Binance has assured funding to Axie Infinity so the founders have assured safety of funds.      

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