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Axie Infinity Delays Launch of ‘Origin’ Game Following Massive Hack
The new “Axie Infinity: Origin” was originally supposed to debut on March 30.
Axie Infinity developer Sky Mavis is delaying the launch of its highly anticipated “Origin” upgrade from March 30 to April 7 after hackers stole $625 million from the underlying Ronin blockchain earlier in the week.
- “While the game is ready for soft launch, we’ve decided to give the engineering and security team an additional window of time to deeply investigate all implications of the breach, before asking for their full attention to support Origin’s release,” Sky Mavis wrote on its Substack.
- Sky Mavis has pledged to reimburse players who lost funds in the exploit. The attacker found a backdoor in a Ronin node and then used hacked private keys to create withdrawals. The losses included 173,600 ether (ETH) and $25.5 million in USDC.
- The exploit was one of the largest in decentralized finance history.
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Read more: Axie Infinity Reduces SLP Emissions to Prevent 'Collapse'
Nelson Wang
Nelson edits features and opinion stories and was previously CoinDesk’s U.S. News Editor for the East Coast. He has also been an editor at Unchained and DL News, and prior to working at CoinDesk, he was the technology stocks editor and consumer stocks editor at TheStreet. He has also held editing positions at Yahoo.com and Condé Nast Portfolio’s website, and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC, ETH and SOL above CoinDesk’s disclosure threshold of $1,000.
