Cryptocurrency Hack: $10 Million Stolen from Ronin Bridge
A recent cryptocurrency hack has shocked the digital asset world. Thieves stole $10 million from the Ronin Bridge, a popular cross-chain platform. This security breach led to the loss of about 4,000 ETH, alarming investors and users. The incident has made the market participants have concerns about DeFi platform safety. Also Read: Shiba Inu (SHIB) & Bitcoin (BTC) Weekend Price Prediction Understanding the Ronin Bridge Security Breach and Its Implications The Crypto Hack Details PeckSheldAlert monitoring data spotted the $10 million theft from Ronin Bridge. While the exact method of the hack is still being investigated, early reports hint at a possible MEV (Miner Extractable Value) exploit. This sophisticated attack method exploits the order of transactions within a block. This can permit attackers to manipulate the system for financial gain. JUST IN: The @Ronin_Network bridge, which currently secures over $850M, has been paused while investigating a potential $10M (~4000 ETH) MEV...