What happened to Ronin in Axie Infinity?

Ronin, the Ethereum sidechain for NFT game Axie Infinity, has been hit with a sizable exploit. All told, some $622 million worth of Ethereum and USDC were drained from the bridge that connects Ronin to Ethereum’s mainnet. This story comes from GG.

Does Axie infinity have an Ethereum sidechain?

Pokemon-inspired blockchain game Axie Infinity has announced that its long-touted Ethereum sidechain, Ronin, has gone live. Developer Sky Mavis developed the sidechain to ease the pressure of Ethereum network congestion and gas fees on players.

What's new in the June Axie Infinity development update?

Welcome to the June Axie Infinity Development Update! Since our last update, we’ve had major wins including the groundbreaking introduction of Origins on iOS and the successful launch of the Mavis Market on Ronin. In between those milestones, we also shipped a flurry of new features to the Axie universe including the first-ever Axie Avatar Forge.

Was Ronin hacked?

This story comes from GG. Ronin, an Ethereum sidechain developed for the hit NFT game Axie Infinity, has been targeted in a hack that saw an estimated $625 million worth of cryptocurrency drained from its bridge. Developer Sky Mavis announced the news today, writing that the exploit took place on March 23 but only discovered earlier today.