Axie Infinity announces refunds to victims of Ronin hack and to reopen bridge next week

Sky Mavis, creator of the play-to-earn game Axie Infinity (AXS), has announced that it will refund the victims of the Ronin bridge and reopen the bridge next week.

in March The hackers have stolen more than $620 million, including approximately 17,600 Ether (ETH) tokens and $25.5 million (USDC) tokens. followBloomberg reported Friday when the bridge reopened on Tuesday. Users will be able to withdraw 1 ETH for each one they possessed prior to the attack.

Hackers moved their stolen assets to other locations shortly after the attack, using TornadoCash to conceal their activities. This is a major problem for the DeFi industry, whichexperienceLost more than $1.22 billion this year.

The Ronin hack is one of the most iconic events on the market. And it caused a shock throughout the cryptocurrency industry. However, this Ronin blockchain does not view it as obstructing the mission of achieving the project’s key goals. It continues to be popular as a digital collectibles network.

In terms of sales volume, NFT remains second only to Ethereum, and outperforms Solana ( SOL ), Flow (FLOW), Polygon ( MATIC ) and WAX (WAXP), among others.

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