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Axie Infinity to compensate Ronin exploit victims and relaunch bridge

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cointelegraph.com

Sky Mavis, the creator of the play-to-earn game Axie Infinity (AXS), announced that it will reimburse victims of the Ronin bridge hack and reopen the bridge next week.In March, hackers stole more than $620 million in the heist, which included roughly 17,600 Ether (ETH) and 25.5 million USD Coin (USDC) tokens.

According to a Bloomberg report on Friday, once the bridge reopens on Tuesday, users will be able to withdraw one ETH for each one they possessed before the attack.In April, Cointelegraph reported that Sky Mavis closed $150 million in fresh capital led by Binance to refund hack victims.

Read more on cointelegraph.com
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