Ronin Bridge
Ronin Bridge related articles on BTCC. The Ronin Bridge using Ethereum technology was attacked and 173,600 Ethereum and $25 million worth of USDC were stolen, for a total value of over $600 million. This attack has become the largest attack in DeFi history, surpassing the Poly Network hack. These two attacks have a certain degree of similarity, and both target some inherent vulnerabilities of smart contracts. Ronin conducted an initial analysis of the attack and took certain security measures to prevent further damage.
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