#ronin reimbursement

Sky Mavis, the company behind the ever so popular play-to-earn crypto game Axie Infinity has pledged to recover the lost funds and reimburse players after hackers stole 173,600 ether and 25.5 million USDC or about $625 million from the Ronin Blockchain Network. https://twitter.com/Psycheout86/status/1509134630687023106 Furthermore, the Ronin network had recently announced on Twitter that it is working with key stakeholders, law enforcement agencies, and major exchanges. In a bold move to support and strengthen the network’s security, Ronin has stated that they have replaced all former Sky Mavis validators and are pushing to add new validators to Ronin. https://twitter.com/Ronin_Network/status/1509623818263965696 — 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. The United States Department of Treasury revealed last April 14 that “Lazarus Group” was the cybercrime gang responsible for the massive Ronin hack, and the said hacking group has been included in their sanctions list. Read more in our articles including "Sky Mavis to Reimburse Players following Axie Infinity Hack" and "Binance recovers USD 5.8M of stolen funds linked to Axie Infinity hack".