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Popular NFT Marketplace Phished for $540M

11
Jul
2022
Popular NFT Marketplace Phished for $540M

image credit: pixabay

Axie Infinity, a popular destination for 3 million traders of in-game collectible non-fungible tokens, reportedly lost $540M in cryptocurrency in a recruiting-themed spear phishing attack. The perpetrators of the crime are believed to be an advanced persistent threat group with ties to North Korean.

The report comes from the publication The Block, which said on March 23rd hackers took control of private keys tied to four validator nodes. Those nodes, according to the report, belong to the Ronin Network – which Axie runs on. The second node belongs to the Axie DAO – a decentralized organization that supports the game’s ecosystem.

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