Future Tech
Blockchain company Ronin hit by US$615 million crypto heist
LONDON: Blockchain company Ronin said on Tuesday that hackers stole cryptocurrency worth almost US$615 million from its systems, in what would be one of the largest cryptocurrency heists on record.
The project said that unidentified hackers stole on March 23 some 173,600 ether tokens and 25.5 million USD Coin tokens. At current exchange rates, the stolen funds are worth US$614 million.
Ronin is used to power the popular Axie Infinity game, which uses non-fungible tokens (NFTs). It said in a blog post that the hacker had used stolen private keys - the passwords needed to access crypto funds - to make off with the funds.
Ronin said it had discovered the hack on Tuesday. "We are working directly with various government agencies to ensure the criminals get brought to justice," it said, adding that it was discussing with Axie Infinity how to ensure no users' funds were lost.
Ronin did not immediately respond to a request for comment sent via Twitter.
- Reuters
More articles on Future Tech
China’s preferred desktop Linux, openKylin, chases the AI PC in version 2.0
Created by Tan KW | Aug 08, 2024
Anaconda puts the squeeze on data scientists deemed to be terms-of-service violators
Created by Tan KW | Aug 08, 2024
Palantir to deploy AI products on Microsoft Azure for U.S. government agencies
Created by Tan KW | Aug 08, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
save malaysia!
2
https://dividendguy67.blogspot.com
3
5
Good Articles to Share
7
Good Articles to Share
【十年一剑之华山论剑】 EP 2 | 马来西亚经济改革之路，何去何从？美国选举，谁能坐享渔翁之利？ft. YB王建民博士 & 黄锦荣博士
8
CEO Morning Brief
Govt Ordered to Transfer Duta Land to Semantan Estate Liquidators
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
