The aftermath of Axie Infinity’s $650M Ronin Bridge hack By Cointelegraph

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The aftermath of Axie Infinity’s $650M Ronin Bridge hack

In late March, Ronin, an sidechain built for the popular play-to-earn nonfungible token game , was hacked for over 173,600 Ether (ETH) and 25.5 million (USDC) for a combined value of over $600 million.

The breach on the Ronin bridge was confirmed by Sky Mavis, the developers behind the popular play-to-earn (P2E) game:

Movement of Stolen Funds from Ronin Bridge Hacker Wallet Source: Elliptic
Laundering of Stolen Funds by Ronin Bridge Hacker Source: PeckShield