Coindesk Logo

Axie Infinity Delays Launch of ‘Origin’ Game Following Massive Hack

Axie Infinity Delays Launch of ‘Origin’ Game Following Massive Hack

Axie Infinity Delays Launch of ‘Origin’ Game Following Massive Hack

The new “Axie Infinity: Origin” was originally supposed to debut on March 30.

The new “Axie Infinity: Origin” was originally supposed to debut on March 30.

The new “Axie Infinity: Origin” was originally supposed to debut on March 30.

AccessTimeIconApr 1, 2022, 3:41 PM
Updated May 11, 2023, 5:56 PM
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Axie Infinity developer Sky Mavis is delaying the launch of its highly anticipated “Origin” upgrade from March 30 to April 7 after hackers stole $625 million from the underlying Ronin blockchain earlier in the week.

  • “While the game is ready for soft launch, we’ve decided to give the engineering and security team an additional window of time to deeply investigate all implications of the breach, before asking for their full attention to support Origin’s release,” Sky Mavis wrote on its Substack.
  • Sky Mavis has pledged to reimburse players who lost funds in the exploit. The attacker found a backdoor in a Ronin node and then used hacked private keys to create withdrawals. The losses included 173,600 ether (ETH) and $25.5 million in USDC.
  • The exploit was one of the largest in decentralized finance history.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Nelson Wang was CoinDesk's news editor for the East Coast. He holds BTC and ETH above CoinDesk's disclosure threshold of $1,000.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.