Axie Infinity owner vows to reimburse players after hack.

Axie Infinity, the popular blockchain-based game, has been in the news recently for all the wrong reasons. The game, which allows players to collect, breed, and battle creatures called Axies, was hit by a major hack that resulted in the loss of millions of dollars worth of cryptocurrency.

The hack, which took place on July 14th, saw the attackers exploit a vulnerability in the game’s smart contract. The attackers were able to drain the game’s treasury, which contained a significant amount of Ethereum and Axie Infinity’s native token, AXS.

The news of the hack sent shockwaves through the Axie Infinity community, with many players expressing their anger and frustration at the loss of their hard-earned assets. However, the game’s owner, Sky Mavis, has vowed to reimburse all affected players.

In a statement released on the game’s official Twitter account, Sky Mavis said: “We are deeply sorry for the inconvenience and frustration caused by the recent hack. We want to assure all affected players that we will be reimbursing them for their losses.”

The statement went on to explain that the reimbursement process would be carried out in two phases. The first phase would involve the distribution of AXS tokens to affected players, while the second phase would involve the distribution of Ethereum.

The statement also emphasized that the reimbursement process would be carried out in a fair and transparent manner. Sky Mavis said that they would be working closely with affected players to ensure that they receive the correct amount of compensation.

The news of the reimbursement has been welcomed by the Axie Infinity community, with many players expressing their gratitude to Sky Mavis for taking responsibility for the hack and for committing to reimbursing affected players.

The hack serves as a reminder of the risks associated with blockchain-based games and the importance of security. However, the swift and decisive action taken by Sky Mavis to reimburse affected players is a testament to the company’s commitment to its community and its values.