Radiant Capital Freezes Lending Following Over $50M Breach on BSC and ARB Chains, Marking Second Hack in 2024
Radiant Capital, a DeFi lending platform, was hit by a cyberattack, losing over $50 million in USDC, WBNB, and ETH on BSC and Arbitrum. Hackers took control of its Pool Provider contract, redirecting ownership to a malicious contract. Radiant has halted lending and urged users to revoke smart contract permissions.
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