In a crime billed as “one of the biggest hacks in history,” hackers stole more than $600 million in cryptocurrency from a gaming-focused blockchain. The hackers got off with millions of dollars in Ethereum and USD Coin from Ronin, the blockchain that underpins Sky Mavis’ popular crypto game Axie Infinity. Axie Infinity employs “cutting edge technology called Blockchain to reward players for their engagement,” according to its website, and the totally player-owned economy allows users to “seamlessly sell and trade their game assets for digital cash.” Axie Infinity’s Ronin network announced in a blog post on March 29 that it had lost 173,600 ethers (Ethereum tokens) worth $589 million, as well as $25.5 million in USD coin, a “stablecoin” that is pegged to the US dollar. Ronin’s finances are being tracked by the blockchain data platform Chainalysis. Ronin stated that … Continue reading 600 Million Dollars In Crypto Currency Stolen By Black Hat Hackers.