US Officials Tie North Korea’s ‘Lazarus’ Hackers to $ 625M Crypto Theft

Ronin – a sidechain that is connected to the main Ethereum blockchain but allows the developers behind play-to-earn game Axie Infinity, Sky Mavis, to support faster and cheaper transactions – was hacked last month, losing 173,600 ETH and 25.5 million USDC, worth $ 625 million at the time. It ranks among the largest exploits in crypto history.

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