Hackers stole $625 million worth of cryptocurrency from the Ronin, which powers the NFT-based game Axie Infinity. Sky Mavis, the operator of the game, says it has frozen the bridge that allows the exchange of funds from the company’s blockchain. Hackers exploited a backdoor in a Remote Procedure Call node that validates transfers to and from Ronin with the help of hacked private security keys. Sky Mavis, the operator of the blockchain-based game Axie Infinity, revealed the breach, saying it had frozen the Ronin bridge that allows the exchange of funds from the company’s blockchain. Hackers got access to Sky Mavis systems and managed to get the signature from the Axi DAO validator by using the gas-free RPC. For now, the Ronin Bridge is frozen, so no transaction will go through. Sky’s Ronin Network is “not immune to exploitation,” said the firm. Read More…
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