According to a report by CoinDesk, the cross-chain bridge of the gaming public blockchain Ronin was suspended on Tuesday (6th) due to a significant white-hat hacker attack that resulted in the theft of tokens valued at 9 million dollars. Aleksander Larsen, co-founder of Ronin developer Sky Mavis, stated on social media that, according to the cybersecurity company SlowMist, the vulnerability in the Ronin cross-chain bridge was caused by the weight being altered to an unintended value, allowing funds to be withdrawn without undergoing any multi-signature threshold checks. Another security firm, Beosin, also released an analysis of the incident. Following the news of the vulnerability in the Ronin cross-chain bridge, the price of its native token RON briefly dropped by approximately 5%, but by the time of publication, its trading price had rebounded to 1.4 dollars. Ronin is an Ethereum sidechain network built by Sky Mavis, the developer of the blockchain game Axie Infinity. In March 2022, the Ronin cross-chain bridge suffered a hacker attack that resulted in losses exceeding 600 million dollars, with the Lazarus group, reportedly linked to North Korea, being suspected as the mastermind behind the attack.
