BREAKING: Ronin Network Suspected to be Hacked of Over $11M, Bridge Paused, Investigation On
Security Breaches Hit Crypto Hard: $313 Million Stolen in August, Phishing Emerges as Top Threat
The Ronin Network bridge, a crucial bridge safeguarding over $850 million in assets, has been temporarily suspended following reports of a potential $11 million exploit. “The Ronin Network bridge has been paused while we investigate a report from whitehats about a potential MEV exploit,”
The cryptocurrency industry was hit hard by a spate of cyberattacks, leading to significant financial losses last month. A recent report from PeckShieldAlert revealed that over ten major hacks occurred during the month, resulting in approximately $313.86 million in stolen funds. Approximately 93.5% of the total theft came from two large-scale phishing attacks, which together
