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The Biggest Robbery in the History of Cryptocurrencies was Committed Through Video Games

The biggest robbery in history with cryptocurrencies was committed through video games. The media reported that hackers managed to steal 173,600 ETH, about $ 600 million from participants in the game Axie Infinity, in which players use cryptocurrencies to earn money.

Axie Infinity is a “play to earn” principle game in which players can invest in cryptocurrencies and then play to earn as many digital currencies as they can then convert them into money.

This game is considered one of the most popular in the world. The organizers reported that the human factor was partly the reason for the robbery.

For six days no one noticed that the cryptocurrencies were stolen. This allowed hackers to take control of Ronin’s four validation nodes and start transferring funds to their wallets.  The hacker attack  lasted from March 23 to March 29, during which 5,000 ETHs were withdrawn. It was too late for those responsible to find out.

The good thing is that for now most of the money is in the hacker’s wallet, which increases the chances of it coming back. What is problematic is that such things happen more and more often and that the numbers are getting bigger every time. Blockchain is a fantastic technology that has a really bright future, just like cryptocurrencies, but it seems that the game is about a lot of money and that security is not at the highest level. Big money always attracts a lot of malicious users who want to get rich overnight. Unlike banks and stock exchanges, it seems much easier for hackers to rob various platforms for large sums of money, or cryptocurrencies, NFTs or something similar.

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