Players of Axie Infinity collect digital pets that can be sold to other players for the digital currency EthereumCyber-criminals linked to the North Korean government and famous for hacking the servers of Sony Pictures were behind the theft of more than $600 million in an attack last month, the FBI and the US Treasury indicated yesterday. The theft, one of the largest in the short history of digital currencies, involved a hacking attack on an exchange operated by a video game called Axie Infinity. SponsoredPlayers of the game collect pets called Axies that compete in battles, and can be sold to other players for digital currency Ethereum. Because transactions in Ethereum were relatively time-consuming, the Vietnamese company behind the game created an in-game currency linked to Ethereum which allowed for quicker and cheaper transactions. But it proved more vulnerable to a cyberattack.

Source: The Times April 15, 2022 21:54 UTC