There has been a security breach, within the Ethereum-linked blockchain for the NFT-based game “Axie Infinity”, it occurred on Wednesday, March 29, 2022.
According to them, over 173600 ether tokens worth nearly 620 million were drained from their platform after an attacker used hacked private keys to forge 2 fake withdrawals. The platform discovered the attack after a user reported that he couldn’t withdraw 5000 ether tokens worth 17 million $ from the network.
The blockchain analytics who is chief scientist saw this as the second-biggest hack ever and supported the worth of the cryptocurrency at the time of the attack as about $ 540 million.
Only the $ 600 million hack of blockchain-based platform poly network is larger. and people’s funds were ultimately retrieved after a slew of crypto exchanges and blockchain firms started tracking identity clues on the blockchain.
They said it’s reached bent on security teams at major exchanges and blockchain analytics firm chain analysis for help and has temporarily halted transactions on its network to make sure no further attack vectors remain open for the hacker to take advantage of any cybersecurity vulnerabilities.
