Axie Infinity's Ronin Sidechain Suffers $625 Million Hack

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Axie Infinity's Ronin Sidechain Suffers $625 Million Hack
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.Ronin_Network has confirmed a major security breach

The project lost roughly $625 million after Sky Mavis’s Ronin validator nodes, as well as Axie DAO validator nodes, were compromised and drained by a malicious actor last week.heist that took place last August.

While Poly Network managed to retrieve virtually all of the stolen funds, it remains to be seen how Ronin will handle the historic hacking incident. The address associated with the attacker remains in control of the vast majority of the stolen crypto.

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