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RFP-36: Radiant Expansion & Deployment to @base, has been ratified. Time to expand our horizons. Stay tuned for lift off.
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After seeing concerns from some community memebers about @chaos_labs' Risk Oracles being involved in the October incident, Radiant Capital wants to address and clarify these misunderstandings. The Risk Oracles were not involved in the attack in any way. The confusion may stem from the transaction linked to the incident, which, as outlined in the post-mortem report, was part of a routine action. The devices were compromised in a way that caused Safe wallet to display legitimate transaction data, while malicious transactions were signed and executed in the background. The transaction in question, related to adjusting deposit and borrow caps based on Chaos Labs' recommendations, had no connection to the exploit's vector. This transaction was simply the one in the queue at the time, but it could have been any other routine transaction. Chaos Labs remains a vital partner in risk management, and Radiant Capital wants to reassure the community that their Risk Oracles were not part of the exploit. Risk oracles are a great innovation and empower Radiant with real-time risk management. Radiant deeply values the ongoing support from Chaos Labs and looks forward to continuing the collaboration on risk assessment and management. For further details about the incident, check out the latest updates on Radiant's Medium site:
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December Office Hours Radiant Capital is resuming monthly sessions to share updates and provide a space for questions and feedback directly from the community. 🎧https://t.co/zUk3A2UtOL This month’s topics: • Dev updates: RIZ, emissions, and steps to restart Arbitrum & BNB Core Markets. • Remediation plans and community proposals. • Updates on the exploit and the related Medium article. • New features and assets to support TVL growth. 📥 Submit your questions in advance through Radiant's Discord server. 🗓️ December 17, 1:00 PM EST
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RDNT emissions have now resumed for RIZ markets on @arbitrum and @BNBCHAIN! 🎉 Following the recent reactivation of RDNT emissions on Base, eligible lenders and borrowers are once again earning RDNT emissions in RIZ markets on Arbitrum and BNB. As the protocol moves closer to full functionality, the next milestone will be the redeployment of Core markets on these two chains. Stay tuned for updates through Radiant’s official channels.
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🚨 Radiant Capital Incident Update 🚨 A detailed update on the October 16 incident is now available, with Mandiant’s ongoing investigation attributing the attack with high confidence to a Democratic People’s Republic of Korea (DPRK)-linked threat actor. The report sheds light on the attacker’s advanced tactics and underscores the urgent need for stronger transaction verification practices across the industry. 📖 Read the full report here:
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RDNT emissions have officially resumed on @base! 🎉 Eligible lenders and borrowers on RIZ and Core markets are now earning RDNT emissions once more. As the protocol approaches full functionality, the next major milestone will focus on redeploying Core markets on the affected chains — Arbitrum and BNB. The investigation remains ongoing, and the DAO is working diligently on a compensation plan proposal. Stay tuned for more updates through Radiant’s official channels.
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