đ¨ **Radiant Capital Hit by $50M Hack!** đ¨
- **Date:** Oct. 16, 2024
- **Incident:** Radiant Capital lost over $50M in a sophisticated DeFi hack.
- **Method:** Attackers used malware to hijack developer wallets, manipulating Safe{Wallet} interfaces to execute malicious transactions.
- **Impact:** Affected Binance Smart Chain (BSC) and Arbitrum, exploiting the transferFrom function.
- **Response:** Radiant paused lending markets, working with cybersecurity firms and U.S. law enforcement to recover assets.
- **Advice:** Users should revoke approvals to avoid further losses.
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