A cryptocurrency startup that operates a popular online game called Axie Infinity said on 29 March that hackers had stolen more than $500m worth of cryptocurrency.

Axie Infinity publisher Sky Mavis said on 23 March that hackers had infiltrated a part of its Ronin Network, which the game runs on. The infiltrators got access to accounts holding cryptocurrencies and drained 173,600 ether and 25.5 million of the stablecoin USDC.