Loading...
Loading...
Browse all stories on DeepNewz
VisitHow much bounty will Ronin Network pay to white hats by December 31, 2024?
Less than $500,000 • 25%
$500,000 • 25%
$500,001 to $1 million • 25%
More than $1 million • 25%
Official statements from the Ronin Network or reputable cryptocurrency news outlets
Ronin Bridge Hacked, Over $12 Million Stolen
Aug 6, 2024, 01:11 PM
Ronin Bridge, part of the Axie Infinity ecosystem, was hacked, resulting in a loss of over $12 million in cryptocurrency. According to PeckShield, the hack involved $9.33 million. The Ronin Network had previously suffered a significant security breach in March 2022, where 173,600 ETH and 25.5 million USDC were stolen. Following the recent hack, Ronin paused all operations and assured users that their funds are safe, with shortfalls to be re-deposited when the bridge reopens. The network has recovered approximately $10 million in ETH from white hats, with the USDC expected to be returned later today. Ronin will conduct an audit before reopening the bridge and will reward the white hats with a $500,000 bounty.
View original story
Individual White Hat Hacker • 25%
Group of White Hat Hackers • 25%
Security Firm • 25%
Other • 25%
Less than $1 million • 25%
$1 million to $5 million • 25%
$5 million to $10 million • 25%
More than $10 million • 25%
Less than $5 million • 25%
$5 million to $10 million • 25%
$10 million to $15 million • 25%
More than $15 million • 25%
$1 million • 33%
$2 million • 33%
$3 million • 33%
Exploit confirmed and funds recovered • 25%
Exploit confirmed and funds not recovered • 25%
Exploit not confirmed • 25%
Investigation inconclusive • 25%
Yes • 50%
No • 50%
Internal employee • 25%
External hacker • 25%
No one • 25%
Other • 25%
0 ETH • 25%
1-1,000 ETH • 25%
1,001-3,995 ETH • 25%
3,996+ ETH • 25%
Less than $10 million • 25%
$10 million to $11 million • 25%
$11 million to $12 million • 25%
More than $12 million • 25%
More than $15 million • 25%
Less than $10 million • 25%
$10 million to $12 million • 25%
More than $12 million but less than $15 million • 25%