đš DeFi Lending Platform Radiant Capital Suffers $$ 50 Million Exploit
Radiant Capital was hacked on Wednesday, resulting in losses exceeding $$ 50 million. Several blockchain security firms reported that the exploit occurred due to an apparent cyberattack targeting the platformâs smart contracts on the Binance and Arbitrum networks. The incident was first spotted by blockchain security firm Ancilia Inc., which reported suspicious activity on a Radiant Capital smart contract on the BNB Chain at 1:35 PM ET in an X post.
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