Latest News About Ronin Bridge Hacks

Apr 09,2022
Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says KingData learned that ”Axie Infinity will take full responsibility for this internally“, said Alexsander Larsen, chief operating officer of Sky Mavis, in an appearance Friday morning on CoinDesk TV. Larsen said that the team is replacing the money stolen from the bridge and raising outside funds, noting that although the ethos of crypto is that the space is dangerous, “users shouldn’t lose their funds in a situation like this, it’s our responsibility.”
On March 29, the Ronin bridge and Katana Dex have been halted after suffering an exploit for 173,600 Ethereum (ETH) and 25.5 million USD Coin (USDC), worth a combined $612 million, which is the highest loss in the history of DeFi. This indicator trackes the latest news of Ronin bridge hacks for the first time.