Question 1

How much did the Ink Finance exploit cost?

Accepted Answer

Blockaid reported approximately $140,000 was drained from Ink Finance's Workspace Treasury Proxy on Polygon on May 11, after an attacker deployed a contract matching a whitelisted claimer address to pass the eligibility check.

Question 2

Were Renegade users compensated after the exploit?

Accepted Answer

Renegade said a whitehat returned roughly $190,000 of the $209,000 stolen from its legacy V1 Arbitrum deployment, and the protocol confirmed all affected users would be made whole.

Question 3

How are AI tools contributing to DeFi exploits?

Accepted Answer

Research from a16z crypto found that AI coding agents given structured knowledge about common attack patterns could exploit smart contract vulnerabilities 70% of the time, up from 10% with only basic tools.

Renegade

Ink Finance and Renegade exploited for $349K as DeFi hacks spill into May

One sharp brief.
Every day.

Renegade

Ink Finance and Renegade exploited for $349K as DeFi hacks spill into May

One sharp brief.Every day.

One sharp brief.
Every day.