Axie Infinity developers start returning stolen $ 625 million to players

Sky Mavis Inc., the developer of the Axie Infinity game, has released an updated version of Ronin Wallet and started returning $ 625 million to depositors lost after a hacker attack on the Ronin sidechain.

Ronin upgrade complete 🛠️

• The Ronin hard-fork which required all validators to update their software has been successful.
• The Ronin Bridge is still on track to be opened today.

This post has been updated: https://t.co/wvXAvKkMjR

— Ronin (@Ronin_Network) June 28, 2022

According to the developers, users will now receive notifications about changes in the token balance in ERC20. They also changed the verification process and added a new interface for viewing ERC721 network tokens (Axies, Land, Land Items). In addition, the update fixes bugs and adds a button to check for updates. Of course, most users are interested in the refund of their own funds, which they promised to start today.

As a reminder, a hacker attack on the Ronin sidechain was carried out back in March. Back then, the attackers used an exploit that affected Sky Mavis validator nodes. The company suffered losses of 173 600 ETH and $ 25.5 million — 1/3 of the stolen assets belonged to the company, but more than 100 000 ETH were gambling. However, immediately after the attack, users were promised a full refund.

Axie Infinity is one of the largest Play2Earn games that allow participants to accumulate crypto tokens during the game, which can then be traded.