Ronin Network Successfully Recovers 2 Million USDC Funds
Publication Time:2024-08-07 11:12:09
Cointelegraph reports that Ronin Network successfully retrieved 2 million USDC funds from white hat hackers through a series of efforts. In a previous security incident, after being notified by the white hat hacker, Ronin Network discovered potential vulnerabilities in its system, leading to the withdrawal of approximately 4,000 ETH and 2 million USDC, totaling about $12 million. Meanwhile, according to PeckShield Alert monitoring, the white hat hacker has returned around 4,784.6 ETH (approximately $11.8 million) of the funds to Ronin Network. This incident demonstrates that through collaboration with white hat hackers, Ronin Network can effectively address security issues and recover losses.
cybersecurity
white hat hackers
Ronin Network
USDC funds