Guavy AI Editorial TeamSentiment: 2Clout: 45

Renegade.fi Recovers $190K after Whitehat Hacker Returns Stolen Assets

A recent exploit targeting Renegade.fi's Arbitrum-based dark pool has resulted in a significant recovery of stolen funds. According to reports, a whitehat hacker exploited a vulnerability in the protocol's resolver infrastructure, draining approximately $209,000 from the V1 Arbitrum dark pool.

However, in an unexpected turn of events, the attacker returned more than 90% of the assets, amounting to around $190,000. This includes $84,370 in USDC, $27,885 in wrapped Bitcoin, and $23,950 in wrapped Ether.

Renegade.fi has confirmed that the incident stemmed from deployment code that failed to assign an explicit owner to the contract, combined with a faulty migration introduced during an April 2025 software update. The flaw allowed anyone to rewrite the smart contract connected to its V1 Arbitrum dark pool.