Stefan Mileschin

Digital thieves just pulled off another major crypto heist. Motherboard has learned hackers stole 173,600 Ethereum (about $591.2 million) from the Ronin blockchain that powers Axie Infinity, a popular "play to earn" game where players can receive crypto in exchange for playing and paying some starting costs. The perpetrators reportedly exploited a backdoor in a Remote Procedure Call node from Axie creator Sky Mavis to get a signature, letting them "forge fake withdrawals" using compromised private keys.

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