Community: The Latest News on Ronin Bridge Hack

IconCryptoNewsTerminal Staff06 Aug, 2024

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Community: The Latest News on Ronin Bridge Hack

A purported hack of the Ronin bridge is currently being discussed in the community. According to a post by user Chaofan Shou (@shoucccc), "Looks like the Ronin(RON) bridge has been exploited." The Ronin bridge is a cross-chain bridge that enables the exchange of assets between the Ethereum and Ronin blockchains. It is primarily used for Axie Infinity, a popular play-to-earn game. Community Response: The community has reacted with concern to the news of the alleged hack. Many users are expressing their worry about the safety of their assets and the future of the Ronin bridge. Official Statement: There has been no official statement from the Ronin team regarding the hack. The team is currently investigating the situation and has advised users to remain vigilant. Further Updates: We will continue to monitor the situation and provide updates as they become available. In the meantime, users are advised to exercise caution when interacting with the Ronin bridge and to keep their assets safe.