Hackers Stole Over $500m in Cryptocurrency in Record-Making Heist

Blockchain project Ronin linked to the popular online game Axie Infinity was attacked by unidentified hackers with stolen private keys.

1 April 2022

Blockchain project Ronin said on Tuesday that hackers stole cryptocurrency now worth almost $615m from its systems, in what would be one of the largest cryptocurrency heists on record.

The project said that unidentified hackers on 23 March stole 173,600 ether tokens and 25.5 million USD coin tokens. At current exchange rates, the stolen funds are worth $615m, but they were worth $540m at the time of the attack.

This makes it the second-largest crypto theft on record, according to blockchain analysis firm Elliptic.

Read more: Hackers stole over $500m in cryptocurrency in record-making heist, Ronin says by the Guardian