October marked a significant decline in crypto-related losses due to exploits, with total losses amounting to approximately $116 million—the lowest monthly losses in the last six months. Most of October’s losses stemmed from exploits, followed by flash loan attacks and exit scams. Exploits accounted for the bulk, totaling $113.3 million, while flash loan and exit…
October 25, 2024 at 09:48 PM GST updated: October 25, 2024 at 02:35 PM 2 mins read News Radiant Capital’s latest exploit saw $52M in stolen Ethereum, highlighting vulnerabilities in cross-chain DeFi platforms. Attackers used malware to compromise Radiant’s core developers, gaining control over the multi-signature wallet and funds. Radiant’s TVL dropped 66% after the…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The hacker behind the recent exploit of decentralized finance (DeFi) protocol Radiant Capital has shifted nearly all of the stolen funds from layer-2 networks to Ethereum. According to blockchain security firm PeckShield, around 20,500 Ether, valued at approximately $52 million, was moved from Arbitrum and the Binance BNB Chain…
October 19, 2024 at 10:30 AM GST updated: October 19, 2024 at 10:07 AM 2 mins read News Radiant Capital urges users to revoke approvals on all chains to prevent further exploitation after the $50 million breach. Blind signing risks increase as hardware wallets often truncate transaction data, leaving users unaware of potential vulnerabilities. Diversifying…
Radiant Capital, a leading DeFi platform, has announced an ongoing collaboration with US law enforcement and Web3 security experts to recover over $50 million stolen in a recent hack. In a detailed report released on Oct. 18, Radiant described the breach as one of the most complex hacks ever seen in DeFi. The team also…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Radiant Capital, a leading blockchain lending platform, has fallen victim to a devastating cyberattack, resulting in losses exceeding $50 million. The attack, which took place on Wednesday, saw an unknown hacker gain unauthorized control over the platform’s blockchain contracts by compromising key components of its security structure, according to…
October 17, 2024 at 09:40 AM GST updated: October 17, 2024 at 09:34 AM 2 mins read News Radiant Capital’s multisig hack led to $58M in stolen funds, exposing vulnerabilities in centralized control on BSC and Arbitrum. Radiant Capital halted operations on Base and Mainnet after hackers compromised multisig wallets, impacting core lending services. Experts…
Radiant Capital integrated Chainlink Price Feeds on the Base mainnet to enhance security in its markets. The integration provides high-quality, tamper-proof price data for assets like ETH/USD and USDC/USD. Radiant Capital, a leading omnichain money market platform, has announced its integration of Chainlink Price Feeds on the Base mainnet. This partnership is aimed at strengthening…