Binance, the world's largest cryptocurrency exchange, recovered $5.8 million worth of the funds stolen in the recent hack of Axie Infinity's (CRYPTO: AXS) Ethereum (CRYPTO: ETH)
The thieves that stole $655 million by hacking Ronin back in March were able to move tens of millions of dollars worth of Ethereum (CRYPTO: ETH) to a cryptocurrency mixer to launder their proceeds in a single week.
Axie Infinity's (CRYPTO: AXS) price has decreased 4.15% over the past 24 hours to $55.29, continuing its downward trend over the past week of -15.0%, moving from $64.96 to its current price.
Sky Mavis — the creator of the successful crypto play-to-earn game Axie Infinity (CRYPTO: AXS) — just launched the game's sequel "Axie Infinity: Origin."
After the short bearish trend amid the Russia-Ukraine tensions, the crypto market has started to gain ground again. Bitcoin and Ethereum rose by about 1% and 5% respectively during the last week. Many other cryptocurrencies have followed. The popularity and market capitalization of the Metaverse tokens also continues to grow.