Axie Infinity's Ronin Bridge Suffers Hacker Attack, Losing 2,790 Ethereum

According to PANews, Blockfence has issued a warning that the Ronin Bridge of the cryptocurrency game Axie Infinity has been attacked by hackers, resulting in a loss of 2,790 Ethereum, equivalent to $8.37 million. The stolen funds are currently being transferred to the mixing service Tornado Cash. The attack on the Ronin Bridge highlights the potential security risks associated with cryptocurrency platforms and games. As the popularity of such platforms continues to grow, it is crucial for developers and users to be aware of potential vulnerabilities and take necessary precautions to protect their assets. Tornado Cash is a decentralized privacy-preserving solution for Ethereum transactions, which allows users to send and receive Ethereum without revealing their identity. The use of such services by hackers to launder stolen funds further emphasizes the need for increased security measures and vigilance within the cryptocurrency community.