Radiant Capital announces closure of operations, unable to recover from $50 million hack
According to a report by The Block on June 2, the DeFi lending protocol Radiant Capital has announced it will officially cease operations. The protocol suffered a hack in October 2024, losing approximately $51 million, as attackers deployed a backdoor contract on Arbitrum and BNB Chain to gain unauthorized access. Earlier in early 2024, the … Read more
