CoinDesk exec says latest crypto heist 'one of the biggest' in history

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CoinDesk exec says latest crypto heist 'one of the biggest' in history
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Pete Pachal, CoinDesk's chief of staff for the content team, weighed in on “one of the biggest hacks in crypto history” on Wednesday,

, noting that the hack impacted Ronin Network validator nodes for the publishers of the popular Axie Infinity game, Sky Mavis, and the Axie DAO. published on Tuesday noted, adding that while the network has safety tools in place to protect against hacks like this, "the attacker found a backdoor."Pachal argued that what the hack shows is that "not all blockchains are created equal.

"This has more to do with the hack on the Axie Infinity network as opposed to a hack on primary blockchain like Bitcoin or Ether," he went on to note. The Ronin Network blog post noted that the network is "working with law enforcement officials, forensic cryptographers, and our investors to make sure all funds are recovered or reimbursed.

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