There has been a security breach on the Ronin Network
- DeFi Protocol
- ZachXBT
North Korean hackers (Lazarus Group) exploit the Ronin bridge used by Axie Infinity, stealing $625M and losing roughly 173,600 ETH and 25.5 million USDC.
Incident Details
- Type
- BRIDGE HACK
- Funds Lost
- $625M
- Status
- Partial recovery
FBI attributed attack to Lazarus Group; Sky Mavis raised funds to reimburse users.