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Cryptocurrency

30 Mar 2022

Hackers steal more than $600 Million in one of Biggest Crypto Heists Ever

The Index Today

Unknown hackers stole about more than $600 million from a block chain network connected to the popular Axie Infinity online game in one of the biggest crypto heists to date.

There are about 173,600 Ether and 25.5 million USDC tokens were stolen from a so-called bridge — software that lets people convert tokens into one that can be used on another network.

Wilfred Daye, head of Securitize Capital, said "The fact that nobody notices for six days screams aloud that some structure should be in place to watch illicit transfers.”

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