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.
DeFi lender Radiant Capital appears to have been exploited on Binance Smart Chain following newly implemented upgrades.
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.
The small-cap cryptocurrency Radiant Capital (RDNT) stood out among other cryptocurrencies with a remarkable volume surge, gathering analysts' attention. In particular, the prominent crypto trader Alan Santana believes in a “fast move” potential that could render up to 200%.
Radiant Capital's new liquidity plan could significantly boost user engagement and operational efficiency, enhancing the ecosystem's stability. The post RDNT token jumps 20% following Radiant Capital's new liquidity plan appeared first on Crypto Briefing.
Binance has announced the delisting of several trading pairs in its spot market. Effective April 12, 2024, Binance will remove the BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB trading pairs.
The cryptocurrency market is abuzz with anticipation as Ethereum's Dencun upgrade approaches, slated for March 13. This upgrade promises better usability, security, and fast transactions, potentially sparking a new altcoin season.
The crypto market is about to end January, a historic month for the digital assets sector, considering the spot Bitcoin ETF approval. While the response didn't meet expectations in the near term, experts predict optimistic effects in the upcoming sessions.
Horizen (ZEN), Radiant Capital (RDNT), Injective (INJ), Beldex (BDX), and SKALE (SKL) are all altcoins that have interesting developments lined up in February, which could positively affect their price.
Radiant Capital, a cross-chain lending protocol, has embarked on a path to recover from a recent flash loan exploit that resulted in a substantial loss of $4.5 million.
Radiant Capital has initiated its debt repayment process following a financial setback due to a flash loan exploit. The cross-chain lending protocol, caught in a turbulent cyberattack earlier this month, witnessed a loss of $4.5 million.
Radiant Capital announced on Tuesday that it has completed an “initial bad debt repayment” of 1,190 Ethereum (ETH) following the January 2 flash loan exploit that saw the cross-chain lending protocol drained of over $4.5 million.
The cross-chain lending protocol expects to fully clear its bad debt within 90 days.
Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $4.5 million.
Radiant Capital was hit by a $4.5M flash loan attack due to a known codebase rounding issue, leading to a temporary pause in their Arbitrum market operations.
Cross-chain lending protocol Radiant Capital (RDNT) fell victim to a hack on Tuesday, resulting in the theft of 1,900 ETH, worth approximately $4.5 million.
The protocol has acknowledged that the incident is attributed to an "issue with the newly established native USDC market on Arbitrum."
The world of decentralized finance (DeFi) has witnessed another shocking incident, following an attack on Radiant Capital recently. This time, cross-chain lending protocol Radiant Capital found itself in the eye of the storm following a flash loan attack that resulted in a significant loss of $4.5 million.
Radiant Capital protocol fell victim to a flash loan attack that drained ETH worth millions in six seconds.
In a recent high-profile security incident, Radiant Capital, a prominent cross-chain lending protocol, has temporarily suspended its lending and borrowing markets on the Arbitrum network. This move comes in the wake of a sophisticated $4.5 million exploit (equivalent to 2337 ETH) targeting its newly launched USDC Coin (USDC) markets.
Cross-chain lending protocol Radiant Capital (RDNT) lost 1,900 ETH to a decentralized finance (DeFi) exploit that attacked a new lending market for the USDC stablecoin. The attacker targeted the Ethereum layer-two solution Arbitrum protocol on January 2, 2024.
Cross-chain lending protocol Radiant Capital has become the latest DeFi protocol to fall victim to a hack after hackers stole 1900 ETH worth $4.5 million from the platform.
Decentralized finance (DeFi) lending protocol Radiant Capital temporarily paused its operations on the Ethereum layer2 network Arbitrum after it was exploited for 1,900 ETH, or $4.5 million. In a Jan.
A major player in the crypto and decentralized finance (DeFi) area, Radiant Capital recently ran into problems with its freshly created native USDC market on the Arbitrum network. PeckShield, a blockchain security and analytics company, reports that 1,900 ETH (around $4.5 million) worth of the cross-chain lending protocol Radiant Capital was compromised.
Radiant Capital falls victim to a cyber-attack, exposing vulnerabilities in its security. Here's a look at what happened.
Cross-chain lending protocol Radiant Capital has suspended its lending markets. The report states that Radiant Capital has received reports of a $4.5 million hack that affected one of the new USD Coin (USDC) markets.
The breach occurred within a mere six seconds of the USDC market's activation, PeckShield detailed, citing the vulnerability in the lending market's setup as the root cause. Responding promptly, Radiant Capital took swift action, temporarily halting its lending and borrowing markets on Arbitrum, a Layer-2 scaling solution where the platform operates.
Radiant Capital, a prominent cross-chain lending protocol, has temporarily suspended its lending and borrowing markets on the Arbitrum blockchain due to a substantial security breach. Reports indicate that a flash loan attack resulted in the unauthorized withdrawal of approximately $4.5 million in Ether from one of its newly established USDC Coin (USDC) markets.
Blockchain security firms said the issue was caused by a “known rounding issue” in the codebase.
Cross-chain lending protocol Radiant Capital was hacked for 1,900 ETH, blockchain security firm PeckShield reported on X today.
Radiant Capital, a lending and borrowing protocol for users to borrow various assets across multiple chains, is rapidly closing in on Aave, looking at earnings data over the past six months. Radiant Capital Earnings Rising: What's The Trigger?