The lending protocol has fallen victim to yet another cyberattack, this time more damaging and severe.

Radiant Capital was reportedly hit with a cyberattack that targeted its contracts on BNB Chain and Arbitrum.

The hackers reportedly compromised a multisig wallet, allowing them to transfer ownership of Radiant's assets.

Radiant Capital suffered a $50+ million cybersecurity breach that affected its lending markets on BNB Chain and Arbitrum.

DeFi platform Radiant Capital has been hacked, draining over 50 million dollars from the Binance Smart Chain (BSC) and Arbitrum's systems. The hack, first covered by blockchain security firm Ancilia, used misconfigurations in the Radiant smart contracts.

Major cross-chain lending protocol Radiant Capital has shut its lending markets due to a critical security vulnerability that saw losses of over $50 million.

Binance-backed Radiant Capital fell victim to an over $50 million heist after attackers gained control of three private keys which altered smart contracts on Arbitrum and BSC networks

Among the growing bullishness in the crypto market, scammers are back in motion to capitalize on the growing FOMO. In a recent malicious activity, the Radiant Capital has been hacked for $53 million. The hack occurred over Arbitrum and BSC. The hacker has swapped the stolen assets for 12,835 ETH tokens worth $33.

Crypto security firm Ancilia is facing backlash after sharing a malicious crypto drainer link while attempting to assist users affected by a recent $52 million exploit targeting the lending protocol Radiant Capital.

Radiant Capital, a Binance-backed blockchain protocol specializing in cross-chain lending, was hacked on Wednesday, with attackers stealing over $50m.

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.

Radiant Capital lost over $50 million in a cyberattack that exploited its Ethereum Layer 2 Arbitrum and BNB Chain instances.

Radiant Capital, a decentralized finance (DeFi) lender, reported a significant security breach across multiple blockchain networks, resulting in substantial financial losses. On Wednesday, unidentified attackers exploited vulnerabilities in Radiant's blockchain contracts on both the Binance Smart Chain (BSC) and Arbitrum platforms.

Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said.

Multichain money market Radiant Capital has been exploited for at least $48 million in what is suspected to be an access control breach, according to early reports by security firm Hacken.

Radiant confirmed that its lending markets were facing an "issue" Wednesday, urging users to revoke permissions to smart contracts.

Attackers appear to have obtained three private keys controlling upgrade access over the protocol.

Radiant Capital has allegedly been hacked with scammers siphoning $51,5 million so far from the accounts. The attack is reportedly isolated to Arbitrum and BSC.

It appears the attack began on Radiant's BNB Chain instance and then moved onto Ethereum Layer 2 Arbitrum.

Arbitrum Orbit is revolutionizing blockchain technology with customizable chains, enhanced decentralization, and interoperability, fostering innovation across the Ethereum ecosystem.

The Ethereum network has registered a huge influx of Layer Two (L2) scaling solutions, led by Base, but some observers are worried about its declining revenue.

Base has emerged as the largest Layer 2 rollup on the Ethereum network, boasting a total value locked (TVL) of $2.49 billion.

Gasless swaps could ease the DeFi onboarding process, bolstering mass crypto adoption among new holders.

Base, a Layer 2 Ethereum network developed by Coinbase, has now become the largest rollup in terms of total value locked.

Significant token unlock events will take place this week - Arbitrum alone will unlock $51 million worth of tokens.

October greets multiple large-cap altcoins with impending $500M token unlock action: shall investors be concerned?

According to data from TokenUnlocks, over $498 million worth of tokens are scheduled for release between October 14 and October 21, 2024, with Arbitrum (ARB) leading the pack. Arbitrum (ARB) is poised to release the largest amount of tokens in terms of value.

Base, the Ethereum layer-2 scaling solution from crypto exchange Coinbase, has witnessed a surge in activity in the past two months and is now gunning for the top spot in the Ethereum ecosystem.

The CEO and an employee of Offchain Labs, which develops Arbitrum, have countered that complex logistics have led to the program's apparent delays.

In a significant development, Coinbase's Layer 2 blockchain, Base, is on the verge of surpassing Arbitrum as the largest Ethereum Layer 2 by total value locked (TVL), a cryptocurrency metric used to measure the total value of digital assets locked or staked on a particular decentralized finance (DeFi) platform.

The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.

Validators voted to temporarily shutdown the bridge between Hyperliquid and Arbitrum after being served bad data, an incident report explains.

Paxos International has launched its yield-bearing stablecoin Lift Dollar on Ethereum layer-2 network Arbitrum. The UAE-based subsidiary of Paxos, regulated by Abu Dhabi's Financial Services Regulatory Authority, announced the expansion of Lift Dollar (USDL) to Arbitrum (ARB) on Oct.

Paxos International, a UAE-based affiliate of Paxos, announced that the yield-bearing stablecoin issued by a regulated entity – Lift Dollar (USDL) – is now available on the popular Layer 2 chain Arbitrum.

Story Highlights The live price of the ARB token is . Arbitrum Price may reach a maximum of $1.52 by the end of 2024. With a potential surge, ARB coin price may go as high as $11.59 by the end of 2030.

Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark.

Arbitrum (ARB) is currently in the spotlight. Recently, it has exhibited signs of a bullish pattern, raising hopes among traders and investors alike.

TL;DR In the last week, Cronos, AAVE, and Toncoin have registered a notable increase in transactions by large investors or whales, suggesting a potential rise. Cronos (CRO) experienced a 255% increase in whale activity, driven by the launch of the zkEVM public mainnet and new strategic partnerships.

Large transaction volumes have dropped from a weekly high of 342 million to 93 million.

Some 63% of web3 whitehats now consider hacking to be their primary job, up from 56% in 2023, according to Immunefi.

Layer 2 blockchain Arbitrum is doubling down on Asia with a “strategic bet” on the region's growth.

The crypto weekend witnessed ease from the border market selling pressure fueled by the escalating conflict between Israel and Iran. As Bitcoin holds support above $60,000, most major altcoins, including ARB.

Ubisoft, in partnership with Magic Eden and Arbitrum Foundation, is launching a 10,000-piece NFT collection for the upcoming game Captain Laserhawk: the G.A.M.E.

Magic Eden will soon be minting Ubisoft's upcoming 10,000-piece NFT collection on the Ethereum scaling network Arbitrum to give holders early access to the new game. Minted on the Ethereum layer-2 scaling network Arbitrum, the new Niji Warrior ID NFTs unlock early access to the top-down shooter, enable participation in the game's governance model and

TL;DR Magic Eden and Ubisoft have launched a collection of NFTs based on “Captain Laserhawk: The GAME” on the Arbitrum blockchain. The collection consists of 10,000 NFTs that offer rewards and participation in game governance decisions. This collaboration represents Arbitrum's first mint at Magic Eden.

Holding an NFT for the multiplayer shooter game gives users access to rewards, content generation and influence over governance decisions.

Arbitrum One, a leading Ethereum Layer 2 solution, has achieved over 1 billion transactions since launching its mainnet in August 2021, highlighting its growing dominance in the Layer 2 sector.