Ronin Network Loses $9.8M 💸
#Ronin Network has lost $9.8 million worth of Ether in a potential exploit, which may have been conducted by a white hat hacker, according to a post by PeckShield.
White hat hackers exploit #vulnerabilities to help improve security and typically return the stolen funds after proving the code is flawed. If this is the case with Ronin, the funds could be returned soon.
Additionally, hackers with malicious intent have also been known to return #stolen funds, as evidenced by a $71 million crypto return in May after significant attention was brought to the incident.
