Radiant Capital has resumed its Ethereum lending markets following a $58 million hack. The lending protocol has made improvements, such as transferring ownership to a timelock contract, enforcing a 72-hour waiting period for adjustments, and implementing an emergency admin role with a multisignature structure. The DAO also enhanced its multisignature security. These measures aim to prevent future exploits after hackers drained $58 million in digital assets. The attackers compromised private keys and smart contracts, leading to the theft of over $50 million. Security professional Patrick Collins emphasized the importance of verifying transactions using hardware wallets in the DeFi space. Meanwhile, the hacker has already moved $52 million of the stolen funds. Phishing incidents in crypto have also resulted in significant losses, highlighting the need for clear signing practices in the industry. Read more AI-generated news on: https://app.chaingpt.org/news

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