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{"id":3719,"date":"2022-04-15T14:41:16","date_gmt":"2022-04-15T14:41:16","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/04\/15\/us-blames-north-korean-hacker-group-for-625-million-axie-infinity-theft\/"},"modified":"2022-04-15T14:41:17","modified_gmt":"2022-04-15T14:41:17","slug":"us-blames-north-korean-hacker-group-for-625-million-axie-infinity-theft","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/04\/15\/us-blames-north-korean-hacker-group-for-625-million-axie-infinity-theft\/","title":{"rendered":"US blames North Korean hacker group for $625 million Axie Infinity theft"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/4\/14\/23025739\/north-korean-hacker-lazarus-axie-infinity-cryptocurrency-hack-theft-us-blames<\/a>
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The US Treasury Department blames North Korean hacking group Lazarus for stealing $625 million in cryptocurrency from the Ronin network, the blockchain backing the Axie Infinity <\/em>play-to-earn <\/em>crypto game, according to a report from Vice<\/em><\/a>. On Thursday, the Department of Treasury updated sanctions<\/a> to include the wallet address that received the funds and attributed it to the Lazarus group. <\/p>\n

In an updated post<\/a> about the incident, the Ronin network, which is owned by developer group Sky Mavis, explains the US Department of Treasury and FBI have pinned the attack on Lazarus. \u201cWe are still in the process of adding additional security measures before redeploying the Ronin Bridge to mitigate future risk,\u201d the post reads. \u201cWe expect to deliver a full post mortem that will detail security measures put in place and next steps by the end of the month.\u201d Ronin says it will bring its bridge back online \u201cby the end of the month.\u201d The bridge allows users to transfer funds between other blockchains and Axie Infinit<\/em>y and has been blocked off since the attack.<\/p>\n

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