The $3 Billion Copy Paste Hack

In 2022 hackers pulled off one of the biggest crypto heists in history by exploiting a simple mistake in the Ronin Network the blockchain behind the popular game Axie Infinity

They gained access to private keys and approved fake transactions stealing over $600 million in ETH and USDC At first no one noticed until a full six days later when a user tried to withdraw funds and found the treasury empty

The hack was traced back to a single weak security measure proving that in crypto even billion-dollar networks can fall victim to a simple flaw The lesson was clear never trust a system that relies on centralized access

The $3 Billion Copy Paste Hack

In 2022 hackers pulled off one of the biggest crypto heists in history by exploiting a simple mistake in the Ronin Network the blockchain behind the popular game Axie Infinity

They gained access to private keys and approved fake transactions stealing over $600 million in ETH and USDC At first no one noticed until a full six days later when a user tried to withdraw funds and found the treasury empty

The hack was traced back to a single weak security measure proving that in crypto even billion-dollar networks can fall victim to a simple flaw The lesson was clear never trust a system that relies on centralized access

https://en.wikipedia.org/wiki/Ronin_network_hack