According to Odaily, Radiant Capital announced at approximately 3:30 AM UTC+8 on X that they have identified issues within their lending markets on BNB Chain and Arbitrum. The company is collaborating with SEAL911, Hypernative, ZeroShadow, and Chainalysis to address these problems and will provide updates as soon as possible. Trading on Base and mainnet markets has been suspended until further notice.

Earlier today, security firms disclosed that Radiant Capital might have suffered losses exceeding $51 million due to a suspected attack.