PANews reported on November 11 that a cryptocurrency user mistakenly sent $25 million worth of Renzo re-staked Ethereum tokens to the wrong 'safety module' address instead of the correct 'safety wallet' address, causing the funds to potentially be permanently locked. The user urgently sought help on social media and promised to pay about $2.5 million (10% of the current price) as a reward if any hacker or white hat could successfully recover the funds.
Renzo is a liquidity re-staking platform focused on Ethereum and Solana. Currently, these funds cannot be withdrawn unless the Renzo team upgrades the contract to add corresponding rescue features. DefiLlama founder 0xngmi stated that unless Renzo intervenes, users' funds cannot be retrieved. As of the time of publication, Renzo has not publicly responded to this matter.
