The attacker managed to withdraw 173,6 thousand Ethereum worth more than $600 million, as well as USDC stablecoins with a total value of more than $,5 million

A hacker hacked the Ronin blockchain bridge and withdrew a cryptocurrency worth over $625 million. The incident was reported by representatives of the crypto project. They said that an attacker exploited a network vulnerability as early as March, but the problem was discovered only 23 March, when one of the users was unable to withdraw 5 thousand Ethereum.

The blockchain operator said that the work of the Ronin bridge was temporarily suspended to exclude the possibility of further attacks. He will return to work as soon as the team is satisfied that the rest of the funds cannot be stolen. The project works with law enforcement officials, forensic cryptographers and investors, and also tracks the stolen funds in conjunction with Chainalysis.

To date, the Ronin hack is the largest in the field of decentralized finance. It outpaced the previous record theft 93 of 7k Ethereum from the Wormhole protocol, which took place in February this year.

At The popular NFT game Axie Infinity runs on the Ronin blockchain. Over the past day, her AXS token has fallen in price by 5%, to $,6. Altcoin occupies 29 the line in the list of the largest cryptocurrencies by capitalization, according to CoinGecko.

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