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
Russian hackers behind London hospitals cyberattack

Hacking

The attack has forced hospitals to postpone or relocate elective surgeries

clock 06 June 2024 • 2 min read
BBC data breach affects 25,000 current and former employees

Hacking

Second attack on pension scheme in less than a year

clock 30 May 2024 • 2 min read
FBI arrests young kingpin of dark web Incognito Market

Law

The online bazaar facilitated the sale of illegal drugs across the globe

clock 23 May 2024 • 2 min read

More on Hacking

Pure Storage says attackers broke into a Snowflake environment

Pure Storage says attackers broke into a Snowflake environment

But no sensitive data was compromised

clock 13 June 2024 • 2 min read
UK and Canada launch joint probe into 23andMe data breach

UK and Canada launch joint probe into 23andMe data breach

Company has pledged to cooperate with regulators

clock 12 June 2024 • 2 min read
New York Times confirms data leak

New York Times confirms data leak

273GB of 'source code belonging to The New York Times Company' appear on 4chan

clock 10 June 2024 • 3 min read