Axie Infinity PSA

The Ronin Bridge is an Ethereum sidechain specifically designed for Axie Infinity, it allows users to transfer funds between the Ronin blockchain and the Ethereum blockchain. https://twitter.com/AxieInfinity/status/1541764201735241735?ref_src=twsrc%5Etfw Sky Mavis has taken steps in bolstering its security by conducting a full reassessment and undergoing an internal audit and two external audits with blockchain security firms Verichains and Certik. Sky Mavis Inc., the developer behind the play-to-earn game Axie Infinity has announced that it expects to reimburse victims of the Ronin bridge hack on June 28. 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. Read more in our articles including "SEC issues advisory against Axie program Pogi Breeds" and "Axie Infinity's Ronin Bridge is back up after USD 625 million hack".