Ronin Network exploited for $9.8M in ETH, white hat hacker suspected Ronin Network has lost $9.8 million worth of Ether in a potential exploit, adding to the rising number of cryptocurrency hacks in 2024. https://image.nostr.build/63863fbe06775ac38d4f91be1d729e7dc56618ec985012df41dafa208095de39.jpg
the Ronin Network, a popular gaming blockchain and the backbone of the play-to-earn game Axie Infinity, has experienced a major security breach. The network lost approximately $9.8 million worth of Ether (ETH) in a potential exploit . However, there is speculation that the exploit may have been carried out by a white hat hacker, also known as an ethical hacker, who performs exploits to identify vulnerabilities in crypto protocols