| Founded | 2021 |
|---|---|
| Closed | 2022 |
| Country | Vietnam |
| Sector | Web3 |
| Collapse type | Sudden Collapse |
Ronin Network
"The Axie Infinity sidechain was hacked for 625M dollars in March 2022 in the largest crypto theft in history, carried out by North Korean Lazarus Group."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Sky Mavis built the Ronin sidechain to enable Axie Infinity's play-to-earn economy.
// full analysis
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