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The bridge has undergone an internal audit and two external audits, developers said.

Popular P2E game starts recovering $625 million losses from hack

Non-fungible tokens (NFTs) are an interesting investment option for crypto investors. These assets provide a way for investors to make returns at a low entry [.

In March, Sky Mavis Inc. the developer of Axie Infinity, the popular play-to-earn blockchain gaming platform, was hacked. This hack led to the loss of over $600 million.

Axie Infinity, over the last 24 hours, was one of the best-performing assets not just in GameFi or DeFi but amongst every major cryptocurrency. With the overall growth observed over the week, AXS was successful in invalidating some of the bigger losses this month.

Sky Mavis, the parent company of Axie Infinity, expects to reimburse hack victims on June 28th. The Ronin Network bridge is also expected to reopen on the same day.

Once the bridge reopens on June 28, users will be able to withdraw one ETH for each one they possessed before the attack.

For nearly two months, the Axie Infinity(AXS) price resonated inside a falling wedge pattern. However, the altcoin recently rebounded from the $12.3 support pump by 34.3% and poked the nearest resistance of $17.6.

Axie Infinity to restart the bridge from June 28.

Months after the exploit that led to the theft of over $600 million, Axie Infinity developers Sky Mavis will finally reimburse users and restart the Ronin bridge exploited in the attack, Bloomberg reported. The post Axie Infinity to start reimbursing Ronin bridge hack victims from June 28 appeared first on CryptoSlate.

A total of $216.5 million in USDC and ethereum at today's prices will be returned to users.

Axie Infinity's Ronin sidechain is expected to be relaunched next week after the $552 million exploit, 'with all user funds returned.'

AXS/USD rose to the top of the crypto daily mover list. This crypto moved roughly 14% up in price.

A hack in March caused Sky Mavis Inc., the developer of the play-to-earn computer game Axie Infinity (AXS), to lose.

The price of Axie Infinity (AXS) surged on Friday, June 24, and rose to hit a high of $17.46 down from trading at about $14.5. Although the general crypto market is currently experiencing some form of a comeback with the global crypto market cap rising by about 3% to $942.35B at the time of writing. […] The post Axie Infinity (AXS) surges 17% because of this development appeared first on Invezz.

Ronin Network, the Ethereum-based sidechain created by Axie Infinity developers, has announced that it will reopen its bridge to aid users with the ease of moving their assets across the Ethereum network. Ronin Network Reopens Bridge In a tweet thread, Ronin's developers noted that the reopening of the bridge, which will occur on June 28th, will pave the way for users to access their funds once again since the closure of the bridge.

Sky Mavis, the developer of the play-to-earn game Axie Infinity, has announced it will reimburse victims of the Ronin bridge hack and relaunch the bridge next week. The post Axie Infinity Developer to Reimburse Ronin Hack Victims appeared first on BeInCrypto.

Ronin (RON), Ethereum (ETH) sidechain built specifically for the play-to-earn game Axie Infinity (AXS), will soon re-open a bridge used to transfer assets to the chain after it was halted following a major hacking incident in March this year.

Ronin Network on Friday said it is restarting the Ronin bridge on June 28 and plans to reimburse users for the lost funds during the $620 million Ronin hack. Ronin has successfully passed the external audit led by blockchain security firm Certik, with minor changes suggested by the firm.

The sidechain that hosts Axie Infinity's play-to-earn game plans to reopen its bridge next week, three months after suffering a $600 million exploit. The post Axie Infinity's Ronin Ethereum bridge to restart next week appeared first on The Block.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. As Axie Infinity[AXS] approached its $11-$12 year-long support range, the buyers stepped in to inflict an up-channel (yellow) revival.

Axie Infinity AXS/USD, Gala GALA/USD, and Immutable X IMX/USD are some of the best GameFi tokens you can get on June 22. According to a study by CashNetUSA, Axie Infinity is the most popular NFT community in 112 countries. Gala Game's official Twitter page also announced the launch date for BetwixtNFT, a playable, immersive tale […] The post As GameFi continues to grow despite crypto winter, these are the best tokens to get appeared first on Invezz.

Axie Infinity is credited for being the top most googled NFT in 112 countries.

Axie Infinity is the most popular NFT community in 112 countries, according to a recent study by CashNetUSA. The post Axie Infinity top NFT community in 112 countries appeared first on CryptoSlate.