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Security incident · 2024-08-06

Ronin Bridge

According to the public DefiLlama incident dataset, Ronin Bridge (Ethereum) suffered a security incident on 2024-08-06, with about $12.0M reported lost.

Date2024-08-06
Reported loss$12.0M
ChainEthereum
Target typeDeFi Protocol
Technique classAccess Control
TechniqueUninitialized Proxy
Bridge incidentYes
Within 2024#22 by loss that year, 0.7% of all reported losses that year

How this kind of attack works

A contract function meant for administrators was not locked down, and the attacker called it directly to move funds.

Would a pre-payment check have helped

Needs other controls

Broken contract permissions are a code-audit matter that pre-payment screening cannot see.

Other incidents with the same technique

Sources

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