ChainCatcher Message, multi-chain lending protocol Radiant Capital releases the latest update regarding the attack incident in October amounting to approximately $58 million. Firstly, regarding the recovery of lost funds and the fundraising for relief funds, relevant work is still ongoing, but there has been no significant progress or positive updates thus far. 😅

In terms of the remediation plan, a comprehensive community proposal is about to be submitted again to the DAO for voting. After review by the council, the process is expected to be smoother. Additionally, a separate proposal addressing unlimited authorization losses is expected to be drafted in the first quarter. 🤔

Finally, regarding the council elections, a new proposal is in the community collaboration stage, planning to elect a new community council to replace the first council, with elections to be held annually in the future. 🔄