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Renegade V1 Arbitrum Deployment Attacked, Loses $209K; White Hat Hacker Returns $190K

GateNews
Security IncidentsProject Progress

According to Renegade’s official statement on X, the protocol’s legacy V1 Arbitrum deployment was attacked early this morning (May 11), resulting in losses of approximately $209,000. A white hat hacker has returned approximately $190,000, and the team confirmed all affected users will receive full compensation.

The team confirmed the vulnerability existed only in the V1 Arbitrum deployment; V1 Base, V2 Arbitrum, and V2 Base deployments remain secure. All infrastructure supporting V1 Arbitrum transactions has been paused, eliminating further fund risk.

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