🚨 ShieldGuard Scam Alert: Renegade Finance Exploit The Incident Overview Protocol: Renegade Finance (Arbitrum) Total Loss:~$209,000 across 27 different ERC-20 tokens. Mechanism: Unprotected Proxy Initializer & Logic Injection. Attacker Address: `0x777253F28AdC29645152b7b41BE5c772A9657777` Technical Breakdown: What Happened? Renegade uses a Proxy Pattern for its smart contracts. In this architecture, a “Proxy” contract holds all the funds and […]