Hackers Steal About $600 Million in Crypto Heist

Hackers Steal About $600 Million in Crypto Heist

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The transcript discusses a recent crypto theft involving ether coins and USD C tokens, linked to the Ronan Bridge, which supports the popular game Axie Infinity. The game operates on the ether blockchain and is popular in Venezuela, allowing players to earn cryptocurrencies. The Ronan Bridge was hacked, exposing vulnerabilities in software bridges, which are crucial for transferring crypto across networks. The incident highlights the need for better security and auditing of these bridges, as they are widely used in the crypto industry.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do players in the game earn cryptocurrencies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Ronan Bridge in relation to the game mentioned?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the amount stolen in the hack mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What vulnerabilities are associated with software bridges in the crypto industry?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is there a need for more focus on software bridges in the future?

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