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March 30, 2022

Ronin Bridge Hacked

In one of the biggest DeFi hacks to date, this week hackers stole about $625 million from the Ronin Bridge connected to the popular crypto game, Axie Infinity.

According the blog post by the Ronin team, “the attacker found a backdoor through our gas-free RPC node, which they abused to get the signature for the Axie DAO validator.” 

The loss was 173,600 ether and 25.5 million in USDC, currently worth in excess of $625 million.

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