Hackers have allegedly breached a gaming-focused blockchain platform last week and extracted cryptocurrencies now valued at more than $600 million. NFT Crypto blockchain
Hackers allegedly breached gaming-focused blockchain platform Ronin Network last week and extracted cryptocurrencies now valued at more than $600 million, the company announced on Tuesday, marking the second-biggest hack ever in the burgeoning cryptocurrency space....
According to Ronin, 173,600 ether tokens and 25.5 million USD coins—worth nearly $620 on Tuesday—were drained from its platform after an attacker used hacked private keys to forge two fake withdrawals last week. The platform discovered the attack after a user reported being unable to withdraw 5,000 ether tokens, worth $17 million, from the network on Tuesday morning.
In an email, Tom Robinson, chief scientist at blockchain analytics firm Elliptic, pointed out the heist was the second-biggest hack ever based on the value of the cryptocurrency at the time of the attack, about $540 million.
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