<p><span style="font-weight: 400;">Sky Mavis-backed blockchain developer Ronin has officially reopened the Ronin bridge. </span></p> <p><span style="font-weight: 400;">Now, users can transact funds to and from the Ronin network with all wrapped ETH (wETH) and USDC backed 1:1 by ETH and USDC on Ethereum, the company said in a blog post on Tuesday.</span></p> <p><span style="font-weight: 400;">Ronin is the Ethereum sidechain undergirding the hit play-to-earn game Axie Infinity, developed by blockchain game developer Sky Mavis. </span></p> <p><span style="font-weight: 400;">These changes are the result of the </span><a href="https://www.theblock.co/post/139761/axie-infinitys-ethereum-sidechain-ronin-hit-by-600-million-exploit"><span style="font-weight: 400;">$600 million</span></a><span style="font-weight: 400;"> hack the infrastructure on March 29 of this year. In addition to this bridge backing user funds, Sky Mavis also employed a </span><a href="https://www.theblock.co/post/143821/sky-mavis-plans-to-become-a-zero-trust-organization-after-600-million-ronin-hack"><span style="font-weight: 400;">zero-trust redesign</span></a><span style="font-weight: 400;"> and a circuit-breaker system that halts suspiciously large withdrawals for added security. </span></p> <p><span style="font-weight: 400;">After announcing plans </span><a href="https://www.theblock.co/post/153984/axie-infinitys-ronin-ethereum-bridge-to-restart-next-week"><span style="font-weight: 400;">last week</span></a><span style="font-weight: 400;">, that bridge has relaunched after two external audits and one internal audit. The Sky Mavis team promises to reimburse those affected by the exploit now that the bridge is live. </span></p> <p><span style="font-weight: 400;">“All users have been made whole,” Ronin said in a Tuesday newsletter. </span></p> <p><span style="font-weight: 400;">The United States government connected the Ronin hackers to the </span><a href="https://www.theblock.co/linked/141985/us-government-connects-north-korean-hacking-group-with-last-months-600-million-ronin-exploit"><span style="font-weight: 400;">Lazarus Group</span></a><span style="font-weight: 400;">, a cybercriminal organization connected to the North Korean government. The group took control of nine validator nodes on Ronin to take 173,600 ETH and 25.5 million USDC from the bridge, The Block previously reported. </span></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>