LONDON : Blockchain company Ronin said on Tuesday that hackers stole cryptocurrency worth almost $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 $614 million. Ronin is used to power the popular Axie Infinity game, which uses non-fungible tokens . 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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jail for company director who negligently caused worker's death by using excavator without trainingSINGAPORE — He lacked any formal training in using an excavator safely, yet the director of a waste collection firm operated one for several months before his actions in using the machine led to the death of a worker in 2019. No matter how long the jail term one life is lost. So sad for such stupid senseless act
Source: TODAYonline - 🏆 1. / 99 Read more »
Company director jailed for operating excavator without training, leading to worker's deathDespite having no formal training on how to operate an excavator, the director of a construction waste disposal company hopped into one to move it out of the way of a worker unloading waste from a skip bin truck. But while Kasi Seenivasan, 58, was operating the excavator,...
Source: thenewpaper - 🏆 7. / 63 Read more »
Huawei sees steep decline in revenue in 2021, as US sanctions continue to bite into companyHuaweiMobile
Source: STForeignDesk - 🏆 4. / 71 Read more »
Ukrainian telecom company's internet service disrupted by 'powerful' cyberattackUkraine\u0027s state-owned telecommunications company Ukrtelecom experienced a disruption in internet service on Monday after a \u0022powerful\u0022 cyberattack, according to Ukrainian government officials and company representatives. The incident is the latest hacking attack against Ukrainian internet services since Rus
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »