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Cryptocurrencies

Crypto exchanges promise help to find hackers behind Axie Infinity heist

Unknown criminals stole $600m from blockchain network tied to popular game

Axie Infinity is one of the most popular applications of cryptocurrency to date, with over 2 million daily active users playing the game. (Screenshot from Axie Infinity website)

TOKYO -- Crypto exchanges on Wednesday rushed to offer support to Vietnamese startup Sky Mavis after it was revealed that over $600 million worth of cryptocurrency had been stolen from its network. 

Ronin, the blockchain network linked to Sky Mavis’ popular crypto game Axie Infinity, said in a blog post that 173,600 Ethereum coins and 25.5 million USDCs, a cryptocurrency pegged to the U.S. dollar, were "drained" in two transactions on March 23. 

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