Axie Infinity Sidechain Ronin Has Been Exploited for 173,600 $ETH and 25.5M $USDC
NFT Game Axie Infinity sidechain Ronin announced a security breach in the Ronin Network. The Ronin bridge has been exploited for 173,600 $ETH and 25.5m $USDC. The Ronin bridge and Katana Dex have currently been halted. The Ronin team says that they are working with law enforcement officials, forensic cryptographers, and their investors to make sure all funds are recovered or reimbursed. All of the $AXS, $RON, and $SLP on Ronin are reportedly safe right now.