Katana, the Ronin DEX, is now live. Axie Infinity (AXS) and Smooth Love Potion (SLP) prices started to surge. Users can deposit liquidity and swap tokens.

The Ronin Bridge that connects Axie Infinity’s Ronin sidechain to Ethereum has been drained of 173,600 ETH ($590M) and 25.5M USDC in what may be DeFi’s biggest exploit yet.

It was discovered Tuesday, after a user reported being unable to withdraw 5,000 ETH from the Ronin bridge. In response, Ronin has halted its bridge and Katana Dex, an automated market maker, amid ...

The Ronin Network confirmed the same and also halted both the Ronin Bridge and Katana DEX since the exploit was discovered. The $650 million stolen funds include 173.6k ETH and 25.5 million USDC ...

The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals.