Axie Infinity's Ronin Network hit with $600m crypto hack

clock • 2 min read
Axie Infinity allows people to catch and trade 'Axies', which themselves are NFTs, and earn cryptocurrency while doing so
Image:

Axie Infinity allows people to catch and trade 'Axies', which themselves are NFTs, and earn cryptocurrency while doing so

Hackers stole about $600 million worth of cryptocurrency in an on Ronin Network, a platform powering one of the world's most popular NFT video games, Axie Infinity.

Axie Infinity is a Pokémon-like game where players produce and combat digital monsters called 'Axies' that are tied to non-fungible tokens (NFTs). Players can also earn cryptocurrency, which can th...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Massive data leak exposes Chinese infosec vendor's cyberattacks-for-hire

Threats and Risks

Documents outline the use of hardware hacking devices, including a malicious power bank designed to surreptitiously upload data into victims' systems

clock 23 February 2024 • 3 min read
Microsoft announces 1,900 dismissals following Activision Blizzard acquisition

Corporate

Cuts extend across Activision Blizzard, Xbox and ZeniMax

clock 26 January 2024 • 4 min read
Terraform Labs files for bankruptcy amid legal challenges and crypto market turmoil

Law

CEO Amanai says bankruptcy filing is essential to pursue future crypto goals

clock 23 January 2024 • 2 min read
Most read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Hacking

Cambridge University hit by DDoS attack

Cambridge University hit by DDoS attack

Anonyous Sudan claims it also hit the University of Manchester

John Leonard
clock 20 February 2024 • 1 min read
Southern Water confirms customer data breach

Southern Water confirms customer data breach

Stems from Black Basta attack last month

clock 14 February 2024 • 2 min read
Cloudflare's estate breached by suspected state-sponsored threat actors

Cloudflare's estate breached by suspected state-sponsored threat actors

The attackers exploited unrotated access token and service account credentials obtained from an Okta breach in October

clock 05 February 2024 • 2 min read