RONIN NETWORK HIT BY $9.8M ETH EXPLOIT

Ronin Network lost 3,996 $ETH ($9.8M) in a possible white hat hacker exploit.

If confirmed, funds might be returned soon. MEV bot “0x4ab” executed the transaction.

Crypto hacks in 2024 are set to surpass 2023, with $542.7M stolen in Q1. July alone saw $266M in hacks.

#MarketDownturn #hacks