Hackers Steal Over $600 Million In Major Crypto Heist

The haul was valued at $545 million when it was stolen on March 23, but was worth about $615 million based on prices on Tuesday, making it one of largest thefts ever in the cryptocurrency world.

San Francisco: Hackers stole cryptocurrency worth over $600 million from a digital ledger used by players of the popular online game Axie Infinity, in a major digital cash heist revealed on Tuesday.
Interest in cyptocurrency has boomed, along with its values, but the money has also become an attractive target for tech savvy thieves.

Ronin Network said the attack targeting its blockchain netted 173,600 ether and $25.5 million worth of stablecoin, a digital asset pegged to the US dollar.
The haul was valued at $545 million when it was stolen on March 23, but was worth about $615 million based on prices Tuesday, making it one of largest thefts ever in the crypto world.

"Most of the hacked funds are still in the hacker's wallet," Ronin said in a post revealing the theft.