Axie Infinity: Here’s why the coin was in trouble even before the $625M Ronin hack

Axie Infinity: Here’s why the coin was in trouble even before the $625M Ronin hack

Axie Infinity’s Ronin bridge went through a $625 million exploit yesterday in which over 173.6k ETH and over 25.5 million USDC were stolen. Going forward, this incident is expected to bear deleterious effects on the network. But in reality, it would only be another addition to the already diminishing bullishness…
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Source: AMBCRYPTO
Posted: 30 minutes ago