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Ronin Bridge Hacker Starts To Move Stolen Ethers

source-logo  bctd.news 05 April 2022 05:56, UTC
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Last week, Ronin Network, the blockchain protocol linked to the popular play-to-earn Axie Infinity was hacked and lost around $600 M in crypto.

According to the crypto reporter Wu Blockchain, the address of the hacker began to move, transferring 1000 Ethers to another address and then 200 Ethers to TornadoCash. The data is based on Etherscan. 1000 Ethers are valued at around $3.5 million.

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A press release published by Ronin on March 29 revealed that hackers accessed 173,600 Ethereum and 25.5M USDC. Afterward, the Ronin bridge and Katana Dex have been halted.

According to the latest update, the investigation is going on, and the Ronin Bridge will be reopened, however, the exact date and time aren't known. They depend on security audits. Binance has resumed withdrawals for Axie Infinity Shards (AXS) and Smooth Love Potion (SLP). Withdrawals of Wrapped Ether on Ethereum and the convert function from WETH to ETH are still unavailable.

Ronin says that a monitoring team from Binance continues to track odd transactions.

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