Ronin Bridge Hackers Score $500,000 Bounty for Returning Stolen ETH

Ronin Bridge Hackers Return Stolen ETH

The Ronin network shared the update, indicating the return of approximately $10 million stolen on Tuesday. While some $2 Million Worth of USDC stablecoin still needs to be returned, the network rewards the show of good faith with up to $500,000 in bounty to the whitehat hackers.

The whitehats received this reward for using their cybersecurity skills and knowledge to identify the vulnerability. This prompted the network to conduct an audit before reopening the bridge for public use. Additionally, operations will shift from the current structure as Ronin validators work to implement a new solution.