#axie infinity hackers news

Binance CEO Changpeng Zhao on Friday has announced that their trading platform had recovered USD 5.8 million worth of crypto funds linked to North Korean-orchestrated hacking of blockchain based, play-to-earn game Axie Infinity. The DPRK hacking group started to move their Axie Infinity stolen funds today. — CZ 🔶 Binance (@cz_binance) April 22, 2022 As previously reported, Ronin Bridge Ethereum (ETH) sidechain of Sky Mavis’ Axie Infinity has suffered USD 625 million theft—which is considered the biggest crypto heists ever recorded. An update from the Ronin network, the ethereum-linked sidechain created by Sky Mavis for Axie Infinity, cites the United States Department of Treasury and the Federal Bureau of Investigation (FBI) attributing the recent USD 625 million theft (in ethereum and USDC) from Axie Infinity users to the hacking group known as the Lazarus Group. The aftermath of what is regarded as one of the largest hacks in cryptocurrency history, however, would only be one of Axie Infinity's issues moving forward. This is the first time since at least 2020 that the number of players decreased, showing signs that NFT-based games such as Axie Infinity might not be immune to traditional gaming scenarios. The solution for the medium-term, it seems, would be the launch of their free-to-play title Axie Infinity: Origin. Read more in our articles including "Binance recovers USD 5.8M of stolen funds linked to Axie Infinity hack" and "US Treasury links North Korea hackers to Axie Infinity $625 million heist".