Ronin Network: Attackers Withdraw About 4,000 ETH and 2 Million USDC, Worth About $12 Million

Odaily News Ronin Network posted on X Platform that earlier today, white hats notified Ronin of a possible vulnerability in the bridge. After verifying the report, the bridge was suspended about 40 minutes after the first on-chain operation was discovered. The attacker withdrew about 4K ETH and 2M USDC, worth about $12 million, which is the maximum amount of ETH and USDC that can be withdrawn from the bridge in a single transaction withdrawal. The bridge limit is an important guarantee to improve the security of large fund withdrawals and effectively prevent further damage caused by this vulnerability.