$600M Stolen From Crypto Game Axie Infinity

The popular game Axie Infinity, which earns crypto money while playing games, has been the target of hackers. Taking advantage of the vulnerability in its infrastructure, the hackers made a profit of 600 million dollars.

Today, while the news of cyber attacks continues to come at a great pace, these attacks cause many companies to lose their data and experience substantial financial losses. In the crypto money market, just like in other companies, such cyber attacks can occur from time to time.

Axie Infinity is a popular game that allows users to earn crypto money by playing games. Many people who are interested in the cryptocurrency market must have heard of this game. The reason why the game, which uses the blockchain infrastructure, is on the agenda today. stealing money from infrastructure by a hacker it happened.

Hacker stole $600M from crypto game

To briefly talk about Axie Infinity; It is a game where we feed and raise our cute little monsters called Axie, and then make them fight against the opponents that will come our way. Of course, while doing this, users can deposit or withdraw money with the blockchain infrastructure called Ronin. The Ronin blockchain is protected by network nodes and a system in which it is not possible to steal money unless most of these nodes are accessed. The small number of these network nodes allows transactions to be faster and more efficient, but also makes the infrastructure of the game more insecure.

Thanks to this vulnerability, which is exactly what we are talking about, a hacker, managed to steal 173,600 Ethereum (about 600 million dollars) from the infrastructure of the game. Thereupon, with the statement made by the operator of the Ax Infinity game, it was announced that the withdrawal and receiving transactions from the infrastructure of the game were closed and cannot be opened until new security measures are taken. It was announced that the hacker in question disabled five network nodes in order to do this. At the same time, Sky Mavis stated that this process was carried out through a shortcut used to alleviate the user load on the company network.

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Following this incident, the company decided to improve the security of the Ronin infrastructure and is working to be prepared in the face of possible threats. Sky Mavis, on the subject “We know that trust must be earned and we are using every resource at our disposal to implement the most advanced security measures and processes to prevent future attacks.” said.

Source :
https://www.theverge.com/2022/3/29/23001620/sky-mavis-axie-infinity-ronin-blockchain-validation-defi-hack-nft


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