29/03/2022
🚨 The Ronin bridge has been hacked for 173,600 Ethereum (30 Billion PHP) and 25.5M USDC (1.3 Billion PHP)
👉 The Ronin bridge helps to transfer assets between the Ronin chain and the Ethereum mainnet. Therefore, losing massive Ethereum and USDC from the Ronin Network largely affects the Axie Infinity economy.
Moreover,
✅The Ronin bridge and Katana Dex have been halted until the network is safe to resume activity.
✅Axie Infinity is working with law enforcement officials, forensic cryptographers, and investors to make sure all funds are recovered or reimbursed. All of the AXS, RON, and SLP on Ronin are safe right now.
read more here: https://roninblockchain.substack.com/p/community-alert-ronin-validators?s=w
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