Axie Infinity

Jeff Zirlin, co-founder of blockchain gaming platform Axie Infinity, suffered a loss of close to $10 million after two of his personal wallet addresses were compromised.&nbsp;
Zirlin took to X to announce the unfortunate incident, stating that the hack did not affect operations on Sky Mavis or the Ronin chain.&nbsp;
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 This has been a tough morning for me.&nbsp; Two of my addresses have been compromised. The attack is limited to my personal accounts, and has nothing to do with validation or operations of the Ronin chain. Additionally, the leaked keys have nothing to do with Sky Mavis operations.…— Jihoz.ron 🦌 (@Jihoz_Axie) <a href="https://twitter.com/Jihoz_Axie/status/1760845078757511562?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">February 23, 2024</a>
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 “The attack is limited to my personal accounts and has nothing to do with validation or operations of the Ronin chain. Additionally, the leaked keys have nothing to do with Sky Mavis operations. I want to assure everyone that we have strict security measures in place for all chain-related activities.” <cite>Axie Infinity co-founder Jeff Zirlin on X</cite>
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According to security outfit PeckShield, hackers <a href="https://twitter.com/PeckShieldAlert/status/1760843091916042439?t=FkYg5pIu9xvfQvOQtnJCpA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">drained</a> 3,248 ETH (worth $9.5 million) from a whale wallet. The stolen funds were withdrawn from the Ronin Bridge and subsequently transferred to crypto mixer Tornado Cash.
You might also like: <a href="https://crypto.news/axie-infinity-nft-monetization-solution-merchandise/" rel="noopener noreferrer nofollow"> Axie Infinity unveils NFT monetization solution, official merchandise </a>
Aleksander Larsen, co-founder and COO at Axie Infinity and Sky Mavis who goes by the name “Pyscheout” on X also <a href="https://twitter.com/Psycheout86/status/1760837760179380279?t=TmnecAySTtqWFVaw9-tSbQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">confirmed</a> that the Ronin Network and bridge were safe.
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 “A wallet has clearly been compromised like what happens on every chain, and the funds are being tornado cashed. The bridge itself has top security, been through many audits, and goes on pause when too much is being withdrawn.” <cite>Aleksander Larsen on X</cite>
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In March 2022, Ronin Network <a href="https://crypto.news/axie-infinity-ronin-network-hack-625m-usd-eth/" rel="noopener noreferrer nofollow">suffered</a> a massive hack worth over $600 million in USDC and ETH, with notorious North Korean hackers Lazarus Group said to be <a href="https://crypto.news/new-research-north-korean-cybercriminal-group-ronin-bridge-hack/" rel="noopener noreferrer nofollow">behind the attack</a>.&nbsp;
Read more: <a href="https://crypto.news/crypto-investors-lost-nearly-2b-over-600-incidents-in-2023-data-shows/" rel="noopener noreferrer nofollow"> Crypto investors lost nearly $2b over 600+ incidents in 2023, data shows </a>

Axie Infinity co-founder loses nearly $10m from crypto wallet hack

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