ChainCatcher message, the official Ronin Network stated that the Ronin Bridge has reopened. The Ronin Bridge has completed two external security audits. After this, the Ronin Bridge contract code will not undergo any routine updates, and there are plans to transition the operation and maintenance of the Ronin bridging functionality to a professional bridging solution.

ChainCatcher message, according to monitoring by the blockchain security audit company Beosin Alert, the Ronin Bridge project has exhibited abnormal behavior in extracting cross-chain assets. According to the Beosin security team analysis, the root cause of this abnormal behavior lies in the project team's failure to properly initialize the operator weights required for cross-chain transaction confirmation when upgrading the contract, resulting in the minimumVoteWeight parameter in the contract being zero, allowing any signature to pass cross-chain verification.Currently, the Ronin bridge has lost 3,996 ETH, with funds stored at an address starting with 0xc6a (this address is an MEV bot, so it is speculated that it may be a white hat action). Beosin is currently collaborating with the project team to address this incident.

ChainCatcher news, according to SlowMist's disclosure, the Ronin Bridge was compromised due to a vulnerability where the weights were modified to unexpected values, allowing funds to be withdrawn without any multi-signature threshold checks.

ChainCatcher news, Ronin COO Psycheout posted on X platform: "As we investigate the report from white hat hackers regarding a potential MEV vulnerability, the Ronin Network bridge has been paused. We will release more information soon. The Ronin bridge currently secures over $850 million in funds."Previous news, Ronin is suspected to have been attacked, involving funds of $9.33 million.

ChainCatcher news, Ronin co-founder Psycheout denied reports of the Ronin bridge being hacked, stating that it was a leak of the whale wallet's private key, and emphasized that the Ronin bridge is fine and Ronin has not been compromised.

ChainCatcher news, the official Axie Infinity sidechain Ronin Network announced that with the upcoming DPoS upgrade, two key updates will be implemented to ensure a smooth transition:Pause Ronin Bridge: To prevent any unexpected issues during the DPoS transition, the Ronin Bridge will be briefly paused before the hard fork block. Once everything is confirmed to be running smoothly, the Bridge will be unpaused. This pause is expected to last no more than a day.Update Slashing Rules: The slashing rules are being updated to reduce the harshness on inexperienced node operators and help them adapt to these rules. (Source link)