Summary

Axie Infinity’s blockchain-powered economy exploded in popularity only to become the target of history’s biggest crypto heist when Sky Mavis was hacked. We’ll unpack the surprisingly old-school kill chain that made the theft possible, showing how even cutting-edge DeFi can be undermined by classic attack techniques.

But the real thriller kicks in once the money moves. Following the stolen funds leads straight into a DAO-run mixer (Tornado Cash), a tangle of U.S. sanctions (recently challenged in court), activist campaigns and looming privacy trade-offs that could reshape how we all think about financial anonymity.

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