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Ronin Network Bridge Paused After Potential $9.33 Million MEV Exploit Involving 3,996 $ETH

Aug 6, 2024, 11:26 AM

The Ronin Network bridge has been paused following a report of a potential MEV exploit. Whitehat hackers alerted the network to the issue, which involved the outflow of approximately 3,996 $ETH, valued at around $9.33 million, with a 9.61% increase. The bridge, which currently secures over $850 million, was paused to prevent further exploitation. Co-Founder @Psycheout86 confirmed the pause and assured users that the funds are safe. An investigation is ongoing, and more information will be provided as it becomes available.

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Will the funds involved in the MEV exploit be fully recovered by the Ronin Network by December 31, 2024?

Ronin Network•Whitehat•Co•Psycheout86

Resolution / Starting Odds

Yes • 50%

No • 50%

Official announcements from Ronin Network or Co-Founder @Psycheout86 on social media or the official Ronin Network website

Will the Ronin Network bridge be reactivated by September 30, 2024?

Ronin Network•Whitehat•Co•Psycheout86

Resolution / Starting Odds

No • 50%

Yes • 50%

Official announcements from Ronin Network or Co-Founder @Psycheout86 on social media or the official Ronin Network website

Will the Ronin Network bridge undergo a significant upgrade by the end of 2024?

Ronin Network•Whitehat•Co•Psycheout86

Resolution / Starting Odds

Yes • 50%

No • 50%

Official announcements from Ronin Network or Co-Founder @Psycheout86 on social media or the official Ronin Network website

What will be the outcome of the investigation into the Ronin Network MEV exploit by December 31, 2024?

Ronin Network•Whitehat•Co•Psycheout86

Resolution / Starting Odds

Exploit confirmed and funds recovered • 25%

Investigation inconclusive • 25%

Exploit not confirmed • 25%

Exploit confirmed and funds not recovered • 25%

Official announcements from Ronin Network or Co-Founder @Psycheout86 on social media or the official Ronin Network website

What will be the total amount of ETH confirmed as lost due to the MEV exploit by Ronin Network by the end of 2024?

Ronin Network•Whitehat•Co•Psycheout86

Resolution / Starting Odds

3,996+ ETH • 25%

0 ETH • 25%

1-1,000 ETH • 25%

1,001-3,995 ETH • 25%

Official announcements from Ronin Network or Co-Founder @Psycheout86 on social media or the official Ronin Network website

Who will be held responsible for the Ronin Network MEV exploit by the end of 2024?

Ronin Network•Whitehat•Co•Psycheout86

Resolution / Starting Odds

No one • 25%

Other • 25%

Internal employee • 25%

External hacker • 25%

Official announcements from Ronin Network or Co-Founder @Psycheout86 on social media or the official Ronin Network website