Ronin Bridge of Axie Infinity to Reopen After Hack

Ronin (RON), Ethereum (ETH) sidechain specifically built for the play-to-earn game Axie Infinity (AXS), will soon re-open a bridge that is used to transfer assets to the chain after being suspended following a major hacking incident this March.

 

According to a tweet from Ronin on Thursday, the upgraded and redesigned bridge will open on June 28. In addition, all locked user funds will be returned, the tweet said.

 

It added that a hard fork will be required to re-open the bridge, and that this means that all node operators need to update their software.

 

Nodes that act as validators on the network have already been informed about the steps they need to take, Ronin said, while adding that non-validator nodes need to follow specific instructions on how to proceed.

 

The latest update from Ronin came after the team on Tuesday this week said the re-designed bridge had passed an audit from the crypto security firm Certik.

 

“We are happy to report that the Certik audit came back with minor suggestions,” the team wrote, adding that they began implementing Certik’s improvement recommendations.

 

The bridge’s reopening has been delayed several times. Initially, the bridge was said to open in April, then was delayed until late May.

 

The hack that led Ronin’s team to dismantle the bridge earlier this year was one of the biggest attacks on any crypto project to date. Based on market prices at the time, the attackers got away with over $500 million worth of ETH and USDC tokens.