Is Your Crypto Safe? $9.8M Stolen in Shocking Ronin Network Security Breach
In the constantly evolving landscape of the cryptocurrency market, the rising incidents of security breaches have become a focal point of attention Recently, a troubling development emerged as the blockchain network affiliated with the well-known play-to-earn game, Axie Infinity, Ronin Network, halted its bridge operations This decision came in the wake of a $9 8 million dubious transaction directed to an MEV bot, marking another significant cybersecurity lapse in the crypto domain in 2024 Ronin Bridge Compromised PeckShield, a notable cybersecurity firm, identified and reported on August 6 that the Ronin Network suffered a considerable loss of 3,996 Ether tokens, estimated to be over $9...
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