Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements to its protocol.
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.
The strategy resembles tactics seen in past crypto heists, casting doubt on recovery as the funds could soon be laundered through mixers.
The exploiter's latest movements threaten to permanently vanish the stolen funds into the crypto underworld.
On Oct. 24, blockchain security firm PeckShield reported that the Radiant Capital hacker had transferred nearly all of the stolen funds from Arbitrum and Binance's BNB Chain into the Ethereum network. The funds, valued at approximately $52 million, totaled 20,500 Ether. This development follows the Oct.
The exploiter has moved around 20,500 Ether (ETH), worth approximately $52 million so far.
Blockchain forensic firm PeckShield discovered wallets belonging to Radiant Capital's exploiter transferred $52 million funds into the Ethereum network. In an Oct.
Nearly all of the stolen loot from Radiant Capital has now been moved to the Ethereum network, which usually isn't a good sign for those hoping for recovery.
The decentralized finance (DeFi) platform Radiant Capital (RDNT) is working with US law enforcement to freeze stolen assets after suffering a $50 million hack earlier this week. Hackers cracked multiple developers' hardware wallets “through a highly advanced malware injection,” according to a post-mortem published by Radiant.
Crypto security this week has been the definition of chaos as some of the industry's leading players have been hit by major hacks. Radiant Capital which has previously been attacked by hackers has been hit again with this second break resulting in the company losing $50 million.
The FBI is involved in helping Radiant track $50M stolen in a sophisticated multi-signature wallet breach.
The DeFi project claimed that hackers compromised the hardware wallets of its long-term developers and injected malware.
Attackers of Radiant Capital compromised the devices of at least three core developers through a malware injection, the company confirmed.
DeFi platform Radiant Capital has informed US law enforcement about the breach that resulted in the loss of over $50 million from its protocol on BNB Chain and Arbitrum.
Radiant Capital lost over $50 million in a cyber attack on October 16, 2024. Malicious Trojans misled team members into signing unauthorized transactions.
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.
News broke that Radiant Capital had been hacked. Cybersecurity specialists from De.Fi Antivirus reported that the assailants managed to obtain access to three out of the eleven private keys necessary for protocol updates.
Radiant Capital attackers used malware to hijack developer wallets and swipe over $50 million in assets. According to Radiant Capital's post-mortem report, the attack on Oct.
Radiant Capital has partnered with the FBI and security firms to recover its lost $50 million funds.
Radiant Capital suffers a $50 million crypto hack, enlists FBI help for recovery
Radiant Capital is actively collaborating with U.S. law enforcement, including the FBI, in efforts to recover $50 million USD stolen during a highly sophisticated security breach on October 16, 2024. The incident, which targeted multiple developers' hardware wallets using advanced malware injection, led to the unauthorized withdrawal of funds.
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.
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.