The Ronin project lost about $625 million. 173,600 ETH and 25.5 million USDC when the Ronin validator nodes and the Axie DAO validator nodes were compromised and drained by a hacker. Watch In-The-Game when Hustle is looking into what happened on the Ronin Sidechain.
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#Gaming #Crypto #Altcoins
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00:00 Intro
00:10 #Ronin - One of the Biggest Hacks in DeFi
01:06 Ronin Bridge Exploited
01:45 $625 Million Hack on Ronin Sidechain
02:40 Access to 4 Validators
03:15 Coins Sent to FTX
04:00 Ronin Price Reaction
04:26 Ethereum Sidechain
04:48 Vitalik Buterin's Warning
05:40 Wallet Flagged
06:25 Recovering Funds
06:35 Sidechain Flaws
07:45 #Avalanche Subnets Launch
08:45 First Hick-up for Ronin
09:30 Bridges & Crypto Exploits
10:54 Ronin Marketcap & Price
11:35 Time to Buy Ronin
12:21 Vulcan Forged Exploit
13:40 What to buy with 173k ETH?
14:50 Ultra (UOS)
15:30 Undercapitalized on Subnets
15:50 Tomorrow's In The Game Preview
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Common Questions & Related Searches:
What is Ronin in Axie Infinity?
Can you send AXIE to Ronin?
Can you play AXIE on infinity?
What is Axie Infinity answer?
What is Axie Infinity value?
https://www.youtube.com/watch?v=bYpnvjXVj24
Axie Infinity's Ronin Chain Hack
from Crypto Banter - YouTube https://www.youtube.com/watch?v=bYpnvjXVj24
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via BLOCKCHAINED.News
