The wallet of the co-founder of two giant projects has been hacked!

Jeff Zerlin, the co-founder of Axie Infinity and the Ronin Network, had his wallet hacked and $9.7 million worth of Ether (ETH) stolen.

Two cryptocurrency wallets belonging to Axie Infinity and Ronin Network co-founder Jeff Zerlin have been hacked. $9.7 million worth of Ether (ETH) was stolen from Zerlin's wallets. "It's been a tough morning for me," Zerlin said in a statement on platform X.

Cold shower to the co-founder of Axie Infinity and Ronin Network!

The upward trajectory of the cryptocurrency market and the increasing adoption of the crypto sector have also increased the hacking rates. Hackers have recently seized millions of dollars worth of crypto assets, especially through phishing scams.

Hackers, who generally target users who do not have knowledge in the field of blockchain and crypto, have set their sights on an important name in the industry this time.

Blockchain security platform PeckShield has warned that a whale wallet has been hacked and that the hacker has withdrawn funds from the Ronin Bridge. PeckShield reported that the hacker had obtained 3,248 ETH (about $10 million).

#PeckShield It appears a whale wallet has been compromised, & ~3,248 $ETH (worth ~$9.7m) from the #Ronin Bridge was withdrawn and transferred to #TornadoCash pic.twitter.com/sRK36BQFDu

— PeckShield (@PeckShield) February 23, 2024

Aleksander Larsen, one of the co-founders of Ronin Network, stated that Ronin Bridge is protected by high-level security measures and that the hack did not originate from the platform. Larsen stated that a user's personal wallet may have been hacked.

According to PeckShield, the hacker moved 3,248 ETH** to Tornado Cash via the Ronin Bridge. The hacker wanted to lose traces of the blockchain through Tornado Cash.

Jeff Zerlin, co-founder of Axie Infinity and Ronin Network, shed light on the event that marked the crypto industry. Zerlin said that the wallets in the hacking incident belonged to him.

Speaking on platform X, Zerlin said: "This has been a tough morning for me. Two of my addresses have been hacked. The attack is limited to my personal accounts and has nothing to do with the validation or operations of the Ronin blockchain." *Said.

This has been a tough morning for me

Two of my addresses have been compromised.

The attack is limited to my personal accounts, and has nothing to do with validation or operations of the Ronin chain.

Additionally, the leaked keys have nothing to do with Sky Mavis operations....

— Jihoz.ron 🦌 (@Jihoz_Axie) February 23, 2024

Zerlin underlined that the Ronin Network blockchain and the Ronin Bridge have a robust security measure.