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The platform strives to improve the accessibility and efficiency of digital asset transactions, making them easier for the community to engage with. Rhino.fi is an easy-to-use multi-chain platform that lets you access top DeFi opportunities all in one place. Built on StarkEx Validium Layer 2 technology, your tokens are securely linked to Ethereum’s blockchain, the second largest in the world, giving you full control over your assets. When executing claimAsset, the bridge smart contract mints a wrapped token of the original asset on the destination network (L2). The Governance Committee is responsible for initiating and voting on upgrade proposals related to token merge contracts. It is composed of a group of individuals who collectively control a smart contract that could upgrade token merge contracts with time-lock delay.
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Ronin Network uses a group of 9 validator nodes for transaction approval on the bridge. A deposit or withdrawal requires approval by a minimum of 5 of these nodes. The attacker gained access to Sky Mavis’s computer, who is the creator of the blockchain NFT game Axie Infinity, by offering a job using a malicious PDF (i.e. a phishing attack). As a result, the attacker had the power to produce valid signatures for 5 out of the 9 Ronin Network validators. For externally verified systems, it is easy to add delay and off-chain verification but not necessarily required for the bridge.
The American superstar rose to international fame in 2008 with her hit second album One of the Boys, and has since gone from strength to strength. In 2016 she started dating Hollywood star Orlando Bloom, and in 2020 the happy couple announced the birth of daughter Daisy Dove. The Security Council serves as an added layer of oversight within the governance structure. Composed of a smaller group, the Security Council has the authority to reject any proposal that has been approved by the Governance Committee, and to immediately execute low risk upgrades. Puro specializes in engineered carbon removals (biochar, mineralization) and integrates blockchain verification for immutable credit tracking. Companies like Microsoft and Shopify have used Puro’s digital credits to support permanent carbon storage projects.
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The attacker exploited the use of a deprecated, insecure function to bypass signature verification. The attackers signatures were believed to have been properly verified which then enabled the attacker to mint the stolen ETH. One example of a weak environment security would be, connecting a less secure blockchain to a more secure one such as Cardano to Ethereum.
DeBridge charges a flat fee for every cross-chain message transfer, paid in the native gas token of the source blockchain (e.g., ETH on Ethereum). Half of these fees reward deBridge validators, ensuring decentralization and protocol reliability. Fees for each message are visible in the deBridge Explorer or via the DebridgeGate smart contract.
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