A hacker has stolen almost $620 million in Ethereum and USDC tokens from Axie Infinity's Ronin network bridge, making it possibly the largest crypto hack in history.
https://www.bleepingcomputer.com/news/cryptocurrency/620-million-in-crypto-stolen-from-axie-infinitys-ronin-bridge/
#crypto
@naikarrah hope it wasnโt ours!
@naikarrah i don't understand how he could cash out.. maybe its because I don't fully understand how it works. that's a lot of $ though!
1. that hacker's electricity bill was wayyyyyyy less than any mining operations,
and
2. hacker's costs in terms of time, hardware, real estate, etc were damn close to non-existentent in terms of net profit too...
๐ค ๐