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Project Overview
Renegade, a Web3-ready financial services platform, aims to bridge TradFi features with crypto and DeFi by providing users with a clean, easy-to-use interface. On top of a standard TradFi experience, which includes payment solutions, an IBAN account and personal finance management, Renegade adds Web3 functions, including a non-custodial and custodial wallet, fiat on-ramp through a Visa debit card, and crypto exchange — bringing the DeFi and TradFi spaces together.
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Three Korean AI chip unicorns adjust IPO plans, with combined valuation of approximately 9.25 trillion won
South Korean AI chip companies Rebellions, FuriosaAI, and DeepX have adjusted their IPO-related plans. Rebellions has rescheduled its listing on the Korea Composite Stock Price Index (KOSPI) to the first half of next year, FuriosaAI is planning for the second half of 2028, and DeepX is targeting 2027 to 2028.The three companies are currently pursuing Pre-IPO and Series D funding rounds respectively. Based on valuations, Rebellions is valued at 3.4 trillion won, FuriosaAI at approximately 3 trillion won, and DeepX at around 2.85 trillion won.Last year, the three companies recorded revenues of approximately 32 billion won, 5.7 billion won, and 3.3 billion won respectively. Related mass production and customer orders include Rebellions' Rebel 100, Renegade and other next-generation chips.
Renegade: V1 Arbitrum Deployment Exploited, Causing ~$209,000 in Losses; White Hat Returns ~$190,000
Renegade announced that one of its legacy V1 deployments on Arbitrum was exploited this morning, involving approximately $209,000. As of now, white-hat hackers have returned around $190,000, and all affected users will receive full compensation. Renegade confirmed that the issue is isolated to the V1 Arbitrum deployment; all other deployments—including V1 Base, V2 Arbitrum, and V2 Base—remain unaffected. The team stated that infrastructure supporting V1 Arbitrum transactions has been paused, and integrators need not take any action, as there is no further risk to funds.