**Ronin Network Faces $9.8M Ether Exploit**

Ronin Network, a major player in the gaming blockchain space, has reportedly lost 3,996 Ether (ETH) tokens valued at over $9.8 million in a potential exploit.

- The incident was flagged by PeckShield on Aug. 6, suggesting the exploit might be the work of a white hat hacker.

- White hat hackers typically identify vulnerabilities in crypto protocols and return the stolen funds after proving the code is flawed.

Interestingly, even malicious hackers sometimes return stolen assets. In May, a hacker gave back $71 million in crypto after the incident drew significant attention.

Stay tuned for updates as this story develops.