Axie Infinity Recovers $5.7 Million from Ronin Bridge Hack

Krutika Adani

Norwegian Authorities Aid

With assistance from Norwegian authorities, Sky Mavis, the parent company, recovered nearly $5.7 million.

$40 Million More to be Recovered

Authorities have also traced and locked another $40 million from the same hack.

Axie Infinity’s $625M Hack

In 2022, Axie Infinity’s Ronin Bridge was hacked, resulting in a loss of $624 million.

Most of the Funds Recovered

Sky Mavis has successfully recovered most of the funds lost in the hack, which will now be directed to Axie Infinity’s treasury.

Latest Trends in Exploits

Recent trends indicate a decrease in smart contract hacks, but a rise in hacks related to private keys.