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Cryptocurrency News Articles
Ronin Bridge Paused After $9M Drained in Apparent Whitehat Hack
Aug 06, 2024 at 07:23 pm
“The bridge currently secures over $850M which is safe,” co-founder @Psycheout86 said in an X post.
Prominent crypto bridging service Ronin was paused earlier Tuesday after $9 million in tokens were drained from the platform in an apparent whitehat hack.
“The @Ronin_Network bridge has been paused while we investigate a report from whitehats about a potential MEV exploit,” co-founder @Psycheout86 said in an X post. “The bridge currently secures over $850M which is safe.”
"Whitehat" typically refers to an individual or entity that attacks or exploits software to identify security vulnerabilities to fix issues or errors that could be exploited by actual attackers. Bridges are tools used to transfer tokens between different blockchains where they weren’t originally supported.
Ronin’s RON tokens were unchanged at writing time, up 7.4% in the past 24 hours amid a broader market rise.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
