Blockchain project Ronin hit by $615 million crypto heist

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The hackers stole some 173,600 ether tokens and 25.5 million USD Coin tokens.

Logos displayed in front of binary code illustrationLONDON -Blockchain project Ronin said on Tuesday that hackers stole cryptocurrency now worth almost $615 million from its systems, in what would be one of the largest cryptocurrency heists on record.

This makes it the second-largest crypto theft on record, according to blockchain analysis firm Elliptic. Ronin 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.

 

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