Ronin Network co-founder Aleksander Larsen announced that the Ethereum sidechain has been temporarily paused to investigate a potential Maximal Extractable Value (MEV) exploit.
On Aug. 6, blockchain security firm Cyvers reported that an MEV bot siphoned 4,000 ETH, valued at $9.85 million, from the network.
Despite this incident, the network’s native RON token remains unaffected, rising over 10% in the past 24 hours to $1.39 amid a general crypto market uptrend, according to CryptoSlate’s data.
White hat hackers involved?
Security experts at Peckshield suggested that a white hat hacker carried out the attack.
Larsen corroborated this view, noting that the team was investigating reports from white hat hackers regarding a possible MEV exploit of the blockchain network linked to the popular play-to-earn game Axie Infinity.
He added:
“We will follow up with more information shortly. The bridge currently secures over $850 million which is safe.”
White hat hackers typically exploit so
We współpracy z: https://cryptoslate.com/ronin-network-hit-by-9-85m-exploit-but-ron-token-surges-11/
