Join the larget crypto conference of 2022 in Bitcoin
Bitcoin
$ 39,046

Ronin Ethereum bridge officially reopens after hack

0
(0)
Ronin Ethereum bridge officially reopens after hack 2

Ronin Bridge, which faced a $600 million loss in a hack attack, is now ready to serve the users. 

Axie Infinity is a well-known popular play2earn crypto & blockchain ecosystem. Due to an early play2earn concept, the project grabbed huge popularity and success. But on 29 March, the Ronin Bridge of Axie Infinity was exploited and hackers successfully grabbed around $600 million worth of crypto assets from the protocol.

On 28 June, Sky Mavis-backed blockchain developer Ronin officially resumed all the operations of the Ronin Bridge protocol, after fixing all the bugs.

Through the tweet, the team confirmed that all funds are now fully backed by 1:1.

So now the team inserted the full liquidity of USDC and Ethereum (ETH).

In the hack, hackers stole around 173,600 ETH and 25.5 million USDC. The overall value was approximately $600 million. However, the hacker didn’t returned any funds but crypto exchange Binance entered in this matter to help the project team to catch the actors and fix the issue without any panic among the users.

On 22 April, Binance CEO Changpeng Zhao confirmed via Twitter that Binance’s intelligence team seized $5.8 million worth of funds, which was stolen from Ronin Bridge. However, the fund was very small but still was able to expose huge details of the users to a better extent.

Binance exchange is a leading crypto exchange, which is standing at the first rank in the Crypto industry because of its high-quality crypto services via its secured platform. The exchange has hands in almost every type of banking or financial services-based business. The intelligence team of Binance is also talented at their level. In past, Exchange helped many other crypto projects to find out scammers and also helped government agencies to catch bad actors, which we’re using crypto assets for illegal activities.

Read also: Anonymous group says Do Kwon was responsible behind Terra collapse

Ronin Ethereum bridge officially reopens after hack

 

https://bitcoinik.com/ronin-ethereum-bridge-officially-reopens-after-hack/feed/

https://bitcoinik.com/ronin-ethereum-bridge-officially-reopens-after-hack/feed/

 

 

 

 

 

Ads by Cryptonews24

 

Buy bitcoin and other cryptocurrencies on crypto exchanges:    Binance    Coinbase      Kraken      Bitfinex

 


Siteminingzone

💠
👉Reward $9.88 for deposit over $100 ♻️♻️🔰
👉The withdrawal speed is fast
👉0% withdrawal fee
👉Simple, safe and stable system
👉Platform cooperation app successfully launched \five-level agency model without investment\. Each user can be a proxy
👉Great Rewards
👉 Referral link
👇⬇️
https://laz220.com?code=119055

Lazada: Rewards for old users who invite new users:
?? Invite 3 first-level valid members (reload $100, buy 50 times), reward $18.88 💰💰✨
?? Invite 10 first-level valid members (reload $100, buy 50 times) and reward $48.88
?? Invite 20 active members, first level member (recharge $100, buy 50 times) and reward $98.88
?? Invite 30 first-level valid members (reload $100, buy 50 times) and reward $288.88
?? Invite 50 first-level valid members (reload $100, buy 50 times) to reward $388.88 and more. The content of the event is to deposit $100 for each valid first level member
Users who qualify to receive rewards contact Lazada Support to receive rewards
For example, if you invite A to top up $500, and the commission generated by A is $20 per day, then you get 16% of the commission generated by A per day, and 16% of $20 is $3.2, and you get $3.2 per day

👇⬇️
https://laz220.com?code=119055

 

————————————————————————————————————————-
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
Brand new mining Platform machine
rental very easy to use! ✅

🟢Minimum deposit : 10 usdt
🟢Minimum withdraw : 10 usdt

Referral invite:
Line1: 11%
Line2: 8%
Line3: 6%

Registration link:

base.siteminingzone.com/siteMining/register?referralCode=159686

❌Warning:❌
Investing in cryptocurrency carries a high level of risk.

 

 

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

TELEGRAM
Cryptonews24 Channel Chat