Cross-Chain Lending Protocol Radiant Capital Hit by $4.5M Hack
Radiant Capital, a cross-chain lending protocol, was hacked for 1,900 ETH ($4.5 million) shortly after the activation of a new USDC market. The security breach exploited a time window in the lending market. Radiant Capital has temporarily suspended its lending and borrowing markets on Arbitrum while investigating the issue.
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Cross-Chain Lending Protocol Radiant Capital Hit by $4.5M Hack
Radiant Capital, a cross-chain lending protocol, was hacked for 1,900 ETH ($4.5 million) shortly after the activation of a new USDC market. The security breach exploited a time window in the lending market. Radiant Capital has temporarily suspended its lending and borrowing markets on Arbitrum while investigating the issue.