Axie Infinity restarts Ronin bridge months after $625 million exploit

Axie Infinity restarts Ronin bridge months after $625 million exploit

Axie Infinity’s Ronin bridge has been restarted three months after a sophisticated exploit saw some $625 million worth of cryptocurrencies stolen from the protocol.

Losses include 173,600 Ethereum and 25.5 million USDC. Sky Mavis, Axie Infinity’s head designer, stated the company would compensate the victims of this exploit. This mission for compensation began with $150 million being raised in April, in a fundraising round led by Binance.