The Ronin Network announced yesterday that hackers have stolen more than $600 million worth of Ethereum (173,600 ETH) and $25.5 million of US dollar-pegged stablecoin USDC, making it one of the largest decentralized finance (DeFi) hacks to date. The company, which is tied to the popular blockchain game Axie Infinity, said in a Substack post that they suffered a security breach on March 23. Sky Mavis, a blockchain gaming company, built and controls the Axie Infinity game.
The hack involved the
