Almost $10M stolen in crypto heist against Axie Infinity co-founder (2024)

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Axie Infinity co-founder Jeff "Jihoz" Zirlin had nearly $9.7 million worth of ethereum exfiltrated in a cryptocurrency heist targeted at two of his wallets, according to The Record, a news site by cybersecurity firm Recorded Future."The attack is limited to my personal accounts, and has nothing to do with validation or operations of the Ronin chain. Additionally, the leaked keys have nothing to do with Sky Mavis operations. I want to assure everyone that we have strict security measures in place for all chain related activities," said Zirlin in a post on X, formerly Twitter.Further examination of the incident revealed that the stolen cryptocurrency had been laundered on the Tornado Cash crypto-mixing service. Such a development comes nearly two years after North Korean state-sponsored hacking collective Lazarus Group exfiltrated $600 million worth of cryptocurrency from the Ronin Network, which supports the Axie Infinity play-to-earn game.

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Almost $10M stolen in crypto heist against Axie Infinity co-founder (2024)

FAQs

What crypto does axie infinity use? ›

Axie Infinity was one of the first games to monetize gameplay using blockchain in its design. To play Axie Infinity, users need to have a Ronin wallet with ETH to purchase three Axies from the marketplace; you can also apply for a scholarship on the community Discord.

How much is Axie Infinity cryptocurrency? ›

The price of Axie Infinity (AXS) is $4.69 today with a 24-hour trading volume of $22,932,024.

What is axie infinity crypto all time high? ›

Axie Infinity's All Time High (ATH) of $ 164.34 was reached on 5 Nov 2021, and is currently -97.4% down. The current circulating supply of Axie Infinity is 149.39 Million tokens, and the maximum supply of Axie Infinity is 270.00 Million.

Is Axie Infinity dead in 2024? ›

Part One: Axie by the Numbers

Axie Infinity has made a strong comeback in 2024, driven by initiatives such as the Bounty Board and Coinbase's Learn and Earn campaign. These efforts have successfully re-engaged players and attracted new participants, setting new standards in the industry.

Is Axie Infinity crypto a good investment? ›

By 2025, the site said that axie infinity could potentially be worth $30.15 and stay there throughout 2026 before resuming its rise to reach $35.64 in 2027 and $49.99 in 2028, then potentially closing the decade at $69.75.

How much is Axie Infinity convert to money? ›

Right now, 1 Axie Infinity is worth about ₱251.76.

What is my Axie worth? ›

The current value of 1 AXS is $4.69 USD. In other words, to buy 5 Axie Infinity, it would cost you $23.42 USD. Inversely, $1.00 USD would allow you to trade for 0.21 AXS while $50.00 USD would convert to 10.67 AXS, not including platform or gas fees. In the last 7 days, the exchange rate has increased by 6.96%.

How much is Axie Infinity in dollars? ›

Convert Axie Infinity Shards to United States Dollar

1 AXS equals 4.66 USD. The current value of 1 Axie Infinity Shards is +1.56% against the exchange rate to USD in the last 24 hours.

What is the highest sell of Axie? ›

Axie Infinity Digital Land Sold for Record $1.5M - "The Defiant"

What is the money called in Axie? ›

Axie Infinity is built on the Ronin Network, an Ethereum-linked sidechain developed by Sky Mavis. The game's official cryptocurrency is "Axie Infinity Shards/Token" or AXS for short.

Is AXS a buy or sell? ›

Is AXS a Buy, Sell or Hold? Axis Capital Holdings has a consensus rating of Moderate Buy which is based on 5 buy ratings, 1 hold ratings and 1 sell ratings.

Is Axie Infinity built on Ethereum? ›

Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis, known for its in-game economy which uses Ethereum-based cryptocurrencies. It has been called 'a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth.

What is the crypto symbol for Axie Infinity? ›

Axie Infinity Shards are an ERC 20 governance token for the Axie universe.

Which chain is Axie Infinity on? ›

The blockchain-based game Axie Infinity enables users to gather, breed, and engage in combat with virtual animals known as “Axies.” Because the game is based on the Ethereum blockchain, users may earn money while playing and claim ownership of their Axies and other in-game items.

Who is the owner of AXS crypto? ›

The (indirect) founder of Axie Infinity is Trung Nguyen. He is the co-founder and CEO of Sky Mavis, the company behind Axie Infinity. He serves as the chief engineer and designed the game's economic ecosystem, which includes a sidechain, associated cryptocurrencies, and a play-to-earn model.

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