Breaking: Ronin Network Bridge Faces Hack With $12M Ethereum, USDC Stolen

In a significant blow to the Ronin Network, the blockchain bridge has reportedly faced a hacked. It has resulted in the theft of approximately $12 million in Ethereum (ETH) and USD Coin (USDC). The Ronin bridge hack marks yet another chapter in the troubled history of the network, which previously suffered a devastating $600 million hack in March 2022.