Axie Infinity CEO moved funds to Binance before disclosing Ronin bridge hack

Axie Infinity CEO and co-founder Trung Nguyen moved $3 million worth of AXS tokens to Binance before disclosing the Ronin bridge exploit, Bloomberg News reported on July 28. Axie Infinity lost over $600 million to North Korea-linked hackers on March 29. The game developer temporarily suspended the operations of the Ronin bridge following the hack,…

Axie Infinity to start reimbursing Ronin bridge hack victims from June 28

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Months after the exploit that led to the theft of over $600 million, Axie Infinity developers Sky Mavis will finally reimburse users and restart the Ronin bridge exploited in the attack, Bloomberg reported. The developer expects to start reimbursing affected users…