Hacker commits second biggest cryptocurrency hack, steals $540m from Ether holders

Ripples Nigeria

The second biggest hack in the history of cryptocurrency occurred last week on blockchain platform, Ronin Network, but was only discovered on Tuesday by the cryptoasset company. 

An unidentified hacker moved about $540 million worth of cryptocurrencies, which included 173,600 ether tokens, as well as 25.5 million USD coins, that were worth nearly $620. 

The hacker had forge two fake withdrawals last week after hacking private keys. The hack wasn’t detected until a user of the ethereum-based platform couldn’t withdraw 5,000 ether tokens, said to be worth $17 million yesterday, Forbes reported.

The fund which is still in the wallet of the[…]

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