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Representative Axie Infinity committed to compensate users affected in the recent attack on the Ronin network.

In a recent post on personal Twitter, the co-founder and chief operating officer (COO) of the Axie Infinity project, Mr. Aleksander Leonard Larsen had some updates on the investigation of the “horrific” attack. discovered on the night of March 29 targeting the blockchain network Ronin Network, a side-chain network developed by this company.

Representative Axie Infinity committed to compensate users affected in the recent attack on the Ronin network - Photo 1.

Axie Infinity’s chief operating officer, Mr. Aleksander Leonard Larsen, gives an update on the investigation into the March 29 attack.

In fact, the attack took place 6 days ago, but it was not until March 29, when a user complained about not being able to make a transaction on Ronin, that the attack was officially discovered. presently.

In terms of total damage, the attack on the Ronin network caused a total loss of assets worth up to 622 million USD, equivalent to about 14 trillion VND.

The content of the post said that Sky Mavis team worked 36 hours non-stop to review and fix outstanding problems in the system. Along with that, he confirmed that he will soon come up with a compensation plan for affected users and is discussing with stakeholders to choose the best course.

Representative Axie Infinity committed to compensate users affected in the recent attack on the Ronin network - Photo 2.

The March 19 incident has raised a big question mark about the security level of the Sky Mavis team

Along with updates on the investigation process surrounding the attack on Ronin Network, Sky Mavis also announced to postpone the release date of Axie Infinity: Origin by 1 week to ensure the system will work stably. before updating. Meanwhile, the publisher will hold a series of side events such as the premiere of the trailer, the reveal of new features, the stream of game experience, the gameplay guide, the sharing of Axie’s new story and finally, is to release the version of Axie Infinity: Origin on April 7th.

Representative Axie Infinity committed to compensate users affected in the recent attack on the Ronin network - Photo 4.

And the Origin version also had to move the release date

However, Mr. Rishav Rai, the head of the investigation team of the data analysis company blockchain Merkle Science says the chances of it being recovered are pretty low, especially given the recent attacks on blockchain networks, where the chances of users getting their assets back are close to zero. But it should be noted that, with the amount of money stolen up to 622 million USD, the attackers are also falling into a battle of their own, which is to find a way to legitimize this huge wealth.

Cryptocurrency, commonly known as “virtual currency”, has not been recognized by law in Vietnam.

GameFi (short for Game + Finance) is a term that refers to games built on blockchain that incorporate financial elements. The information in the article is for reference only and has no investment recommendation value.

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