Tag: Ronin

07
Aug
2024
Posted in Altcoin

A $11.8 million outflow to MEV bot white hats causes the Ronin Bridge to halt

Axie Infinity, a play-to-earn game connected to the blockchain network Ronin RON -0.98%, stopped its bridge on Tuesday morning due to withdrawals of $11.8 million to MEV bots. Around 9:37…

07
Jun
2024
Posted in Altcoin

In relation to the Ronin hack, the Norwegian government freezes and returns $5.7 million

The $600 million Ronin exploit in 2022 has resulted in the freezing and repatriation of $5.7 million in cash by the Norwegian government. The Ethereum sidechain known as Ronin was…

17
Feb
2024
Posted in Altcoin

Ronin Implements Strategic Cut in RON Token Rewards to Sustain Ecosystem Balance

In a strategic move to maintain equilibrium within its decentralized finance (DeFi) ecosystem, Ronin, an Ethereum sidechain focused on blockchain games, has officially declared its plans to reduce RON token…