On October 16, 2024, Radiant Capital experienced a highly sophisticated security breach that resulted in the loss of $50 million USD. The attackers exploited multiple developers' hardware wallets through a highly advanced malware injection.

The devices were compromised in such a way that the front-end of @safe{Wallet} (f.k.a. Gnosis Safe) displayed legitimate transaction data while poisoned transactions were signed and executed in the background. This breach occurred during a routine multi-signature emissions adjustment process, which takes place periodically to adapt to market conditions and utilization rates.

The DAO contributors strictly adhered to many industry standard operating procedures throughout the process. Each transaction was simulated for accuracy on Tenderly and individually reviewed by multiple developers at each signature stage. Front-end checks in both Tenderly and Safe showed no anomalies during these reviews.

To underscore the significance of this point, the compromise was completely undetectable during the manual review of the Gnosis Safe UI and Tenderly simulation stages of the routine transaction. This has been confirmed by external security teams, including @_SEAL_Org and @HypernativeLabs.

Radiant Capital has been working very closely with Seal911 and Hypernative and has since implemented stronger multisig controls. The U.S. law enforcement and @zeroshadow_io are fully informed of the breach and are actively working to freeze all stolen assets. The DAO is deeply devastated by this attack and will continue to work tirelessly with the respective agencies to identify the exploiter and recover the stolen funds as quickly as possible.

For the full post-mortem, see:

We are aware of an issue with the Radiant Lending markets on Binance Chain and Arbitrum. We are working with SEAL911, Hypernative, ZeroShadow & Chainalysis and will provide an update as soon as possible. Markets on Base and Mainnet are paused until further notice.

Ready, steady... RIZ UP BNB!

Phase 3 of Radiant’s RIZ UP Crypto @Galxe Campaign is live!

Time for @lista_dao, @RealFlokiInu, & @Pancakeswap to shine with their new RIZ markets, while @okxwallet3 is sticking with Radiant to amplify the campaign until the very end!

Keep reading to learn more 🧵👇🏼

Friendly reminder 📣

For all Radiant explorers participating in the ongoing RIZ UP Crypto campaign, don’t forget to secure your spot in the 1st phase raffle and claim the 1st NFT 🎉

🔗 Check out the Rewards Hub — up to $3,500 are up for grabs! https://app.galxe.com/quest/RadiantCapital/GCy6WtKpAf

https://x.com/i/spaces/1zqJVYWpnadGB

Let’s RIZ UP BNB!

Next Thursday, join the conversation with @BNBChain, @RealFlokiInu, & @lista_dao to dive deeper into the new isolated markets!

Mark your calendars:

📆 Thursday, October 17 | 10 AM EST
🔗

🌟 Calling all Radiant explorers!

If you've completed 60% of the quests, it's time to claim your 1st phase NFT—your first key to the $3,000 prize pool raffle!

If you haven’t joined yet, don’t miss out on the 1st phase raffle!

Head to the Reward Hub and claim your Key now 👇🏼

Office Hours Alert! 🚨

Join Isaac & Hung next Tuesday for Radiant updates:

1️⃣ New assets on RIZ & Core
2️⃣ RIZ launch on BNB
3️⃣ v3 features: 1-click strategies
& much more!

📅 Oct 15 | 1:00 PM EST

Radiant Innovation Zone expands to @BNBChain 💯

Launching with CAKE from @PancakeSwap, FLOKI from @RealFlokiInu, and slisBNB from @lista_dao, RIZ brings isolated markets to one of the largest EVM ecosystems!

More tokens will be added soon—share your favorites in the comments 🔥 https://x.com/RDNTCapital/status/1843669600661319941/photo/1

Let’s give a warm welcome to the new SUPER RIZ market! ⚡️

The wSuperOETHb/WETH isolated market is now live on @base, unlocking new yield potentials:

• Liquid Staking rewards by @originprotocol
• Compounded rewards on Base
• Radiant's market base rates
• Lending and borrowing potential
• RDNT emissions

Learn more about this new isolated market 🧵👇🏼

New DAO proposal 📣

RFP-46 seeks to accelerate the vesting schedule for 200 million RDNT tokens allocated to the Emissions Reserve, reducing the vesting period from three years to two. This change is intended to increase token emissions to support higher APRs and attract additional liquidity to Radiant Innovation Zone (RIZ) markets. By providing more competitive APRs, this adjustment seeks to expand liquidity and drive the growth of RIZ across multiple chains.

🗳️ Read more & cast your vote here:

🧵 DEV UPDATE #025

Hey Radiants! 🌟 Here’s a quick rundown of the latest work from the dev team. Let's dive in! 👇

Have you RIZed up @arbitrum with Radiant? 😏

If you’ve completed 60%+ of the Galxe quests, it’s time to enter the 1st phase raffle! 🎁

Claiming the first phase OAT will be available soon 💎

⏳ Deadline: October 16, 5 PM EST

Join the raffle now 👇

Radiant 🤝 Edge by Chaos Labs

Radiant is proud to be the first lending protocol to integrate Edge's Risk Oracle, powered by @chaos_labs! 🛡️

This new tech helps monitor and auto-update risk-related parameters in real time. 🔄

⌛️Last hours to participate in the RIZ UP @base phase!

Users who complete at least 60% of the collection will be able to claim the phase's OAT and enter the raffle 🎉

Don’t miss out, and stay tuned for the upcoming phases 🔜 @BNBChain 👀

New Supply & Borrow Caps on @base & @arbitrum

After hitting their limits, Radiant has raised caps on several markets based on @chaos_labs' recommendations.

More room to lend & borrow:

• cbBTC — @coinbase
• MAVIA & USDC (MAVIA/USDC) — @MaviaGame
• WETH (PT-wstETH) — @pendle_fi

🔗 Take advantage of the increased caps now!

🧵 DEV UPDATE #024

Hey Radiants! 🌟 Time for a peek behind the scenes at what the team’s been up to! Here’s what’s new 👇

⌛️ 5 Days Left to Claim Your STIP (ARB) Airdrop!

To all users who haven't claimed their ARB airdrop yet, please do so before the claiming period ends.

This airdrop was granted to dLP locked for 6–12 months on Arbitrum after Snapshot 1 (block #147753665) and before Snapshot 2 (block #193126724).

📌 Claim your airdrop here:

cbBTC Market is now LIVE on @base!

Following the approval of RFP-45, cbBTC, @coinbase Bitcoin wrapper, has been launched as a new core market on Base.

🟠 Unleash the full potential of cbBTC at:

First RDNT Airdrop Distribution!

In line with the guidelines set by RFP-44, the first weekly airdrop of the 125M RDNT, as outlined in RFP-33, has been distributed.

🔗 Users can check their mtwRDNT here: