TechFlow news — On August 6, Ronin announced on X that a white-hat hacker has successfully returned approximately $10 million worth of ETH, with USDC expected to be returned later today. Ronin expressed gratitude for the white-hat's vigilance and integrity, and plans to award a $500,000 bug bounty in recognition of their contribution.
Prior to reopening, the Ronin bridge will undergo a comprehensive audit, with progress updates shared transparently with the community. Additionally, Ronin stated it will collaborate with validators to restructure the bridge's operational framework to enhance security and efficiency.
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