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Ronin Bridge Paused, Restarted After $12M Drained in Whitehat Hack

“The bridge currently secures over $850M which is safe,” co-founder @Psycheout86 said in an X post.

Updated Aug 6, 2024, 7:32 p.m. Published Aug 6, 2024, 11:24 a.m.
Cross-chain bridge attacks equal $2B in 2022 (Charlie Green/Unsplash)
Ronin Bridge was drained of $12 million as whitehack hackers highlighted weakness in the protocol. (Charlie Green/Unsplash)