Whitehat returns $190K to Renegade hours after hacking the protocol
Summary
Renegade, a decentralized dark pool protocol, successfully recovered $190,000 from a whitehat hacker who exploited a smart contract vulnerability on Arbitrum. After Renegade sent an onchain message requesting a 90% return of the stolen $209,000 in exchange for a bounty and legal immunity, the hacker complied within 45 minutes. The exploit, attributed to a faulty April 2025 software update, allowed unauthorized contract modification. Renegade has pledged to compensate affected users and provide a detailed root-cause analysis, noting that only a small portion of its trading volume was impacted.
(Source:Cointelegraph)