Binance Recovers $5.8 Million From Hackers Of Axie Infinity Game

According to the CEO of a popular exchange platform, Binance, Changpeng Zhao, the DPRK group who carried out a cyberattack on Axie Infinity last month that led to millions of dollars being lost has moved some of the funds to Binance. Zhao noted that the hackers spread the funds to about 86 different accounts on the platform. The DPRK hacking group started to move their Axie Infinity stolen funds today. Part of it made to Binance, spread across over 86 accounts. $5.8M has been recovered. We done this many times for other projects in the past too. Stay #SAFU. — CZ 🔶 Binance (@cz_binance) April 22, 2022 However, using blockchain technology, the exchange could trace the sources of the funds and have recovered about $5.8 million. Zhao stated that the company has done similar operations in the past and will continue to ensure that the crypto space is safe for crypto investors. The Axie Infinity Hack The hack, which took place towards the end of last month, saw over $625 million stolen from the platform. However, the company behind the Axie Infinity game, Sky Mavis, promised to refund gamers who were affected by the loss. Also, the security officials of the United States connected the attack to a “Lazarus group” in North Korea, where over 148,000 ETH were held in a wallet address as found on Ronin Bridge Exploiter, an Ethereum tracking platform. Before now, the hackers have tried using Tornado Cash, a privacy tool to convert the sto...