Ronin Network announced that they have detected a security breach on the network recently.
From the attackers’ bridge of Ronin 173,600 Ethereum (ETH) and 25.5 million USDC They were said to have been stolen.
After the attack was noticed, the Ronin bridge and Katana Dex were stopped.
In the statement, all in the Ronin network AXS,RON and SLPs It was stated that it is safe, and that all stakeholders, including law enforcement, are working to recover the stolen funds.
173,600 from ronin net #Ethereum and 25.5 Million #USDC it was stolen.
The loss is approximately $625 million.
— Bitcoin System (@bitcoinsystem) March 29, 2022
Details of the attack are as follows:
The team passed 173,600 unauthorized from Ronin bridge earlier today. Ethereum and 25.5 million of USDC He realized he was taken.
It was stated that the attackers carried out the attack in a total of two transactions on March 23.
The team, who did not notice the attack until now, said that this morning a user had 5000 ETH He realized that the funds had been drained after he stated that he could not withdraw.
The team said it was taking the necessary action to track down the stolen funds, including on major exchanges, and they were following up.
It has been stated that withdrawals and deposits on Ronin Network are suspended because the network is down.
After the news RON The price suffered a 25% loss.
Ronin network popular cryptocurrency of Axie Infinity The price of Axie was also affected by the attack, as it is an Ethereum sidechain. There was a 10% pullback after the news.