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Radiant Capital Halts Lending Markets After $50 Million Exploit

Radiant Capital Halts Lending Markets After $50 Million Exploit

Radiant Capital, a decentralized finance (DeFi) protocol that aims to consolidate fragmented liquidity across blockchains, lost millions of dollars in an exploit on Wednesday. Web3 security firm De.Fi estimated that $58 million was lost from the contracts exploit on the BSC and Arbitrum chains, whil…

Tikta
Radiant Capital Suffers $50 Million Hack; Second Major Attack in 2024

Radiant Capital Suffers $50 Million Hack; Second Major Attack in 2024

Blockchain lender Radiant Capital suffered a major multi-chain hack, losing over $50 million. Hackers reportedly gained control over three of Radiant’s private keys and drained these assets through an exploit. Further details on the hack have yet to materialize, but this is Radiant’s second major ha…

Landon Manning