BlockBeats News, December 30th, according to official news, the cross-chain lending protocol Radiant Capital has released an update on the theft incident stating,

1. Recovery of stolen funds and fundraising: Efforts are still ongoing, but no significant progress or positive updates have been made yet.

2. Remedial plan: An integrated community proposal will be submitted again for DAO voting. After the committee review and mediation phase, the process is expected to proceed more smoothly. Community members are encouraged to participate in the investigation to determine which of the three recommended options should be implemented.

3. Committee election: Another proposal is in the community collaboration stage and will soon start the governance process to elect a new community committee, replacing the first committee, which will occur annually as stipulated in the DAO charter.