Axie Infinity (CRYPTO: AXS) has announced its Ronin Bridge will be restarting three months after an exploit of $625 million.

What Happened: On Tuesday, June 28, Axie Infinity’s Ronin Bridge was restarted following external audits and internal audits. These audits were carried out by blockchain security companies Certik and Verichains.

Why It’s Important: The exploit undertaken on Axie’s Ronin Bridge follows an array of other multi-million dollar exploits that have occurred previously this year. The company's mission to repay victims of this exploit protects retail investors who had major parts of their portfolio invested in Axie Infinity’s Ronin Bridge.

Immediately following the exploit, Ronin protected the Axie Infinity ecosystem by lessening its token’s emissions. However, following the exploit and amidst bearish market conditions, Axie Infinity is currently trading at $15.45, down more than 93% from its prior all-time highs.

Bridges, such as the Ronin Bridge, play a crucial role across blockchains. The Ronin Bridge facilitates assets moving between the Ronin and Ethereum blockchains. Therefore, as exploited funds are being compensated to investors and the Ronin Bridge is restarting, Axie Infinity must continue to proceed cautiously to protect investors and their funds.