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The hackers reportedly compromised a multisig wallet, allowing them to transfer ownership of Radiant's assets.

Radiant Capital suffered a $50+ million cybersecurity breach that affected its lending markets on BNB Chain and Arbitrum.

DeFi platform Radiant Capital has been hacked, draining over 50 million dollars from the Binance Smart Chain (BSC) and Arbitrum's systems. The hack, first covered by blockchain security firm Ancilia, used misconfigurations in the Radiant smart contracts.

Major cross-chain lending protocol Radiant Capital has shut its lending markets due to a critical security vulnerability that saw losses of over $50 million.

Binance-backed Radiant Capital fell victim to an over $50 million heist after attackers gained control of three private keys which altered smart contracts on Arbitrum and BSC networks

Among the growing bullishness in the crypto market, scammers are back in motion to capitalize on the growing FOMO. In a recent malicious activity, the Radiant Capital has been hacked for $53 million. The hack occurred over Arbitrum and BSC. The hacker has swapped the stolen assets for 12,835 ETH tokens worth $33.

Crypto security firm Ancilia is facing backlash after sharing a malicious crypto drainer link while attempting to assist users affected by a recent $52 million exploit targeting the lending protocol Radiant Capital.

Radiant Capital, a Binance-backed blockchain protocol specializing in cross-chain lending, was hacked on Wednesday, with attackers stealing over $50m.

Blockchain lender Radiant Capital suffered a major multi-chain hack, losing over $50 million. Hackers reportedly gained control over three of Radiant's private keys and drained these assets through an exploit.

Radiant Capital lost over $50 million in a cyberattack that exploited its Ethereum Layer 2 Arbitrum and BNB Chain instances.

Radiant Capital, a decentralized finance (DeFi) lender, reported a significant security breach across multiple blockchain networks, resulting in substantial financial losses. On Wednesday, unidentified attackers exploited vulnerabilities in Radiant's blockchain contracts on both the Binance Smart Chain (BSC) and Arbitrum platforms.

Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said.

Multichain money market Radiant Capital has been exploited for at least $48 million in what is suspected to be an access control breach, according to early reports by security firm Hacken.

Radiant confirmed that its lending markets were facing an "issue" Wednesday, urging users to revoke permissions to smart contracts.

Attackers appear to have obtained three private keys controlling upgrade access over the protocol.

DeFi lender Radiant Capital appears to have been exploited on Binance Smart Chain following newly implemented upgrades.

Radiant Capital has allegedly been hacked with scammers siphoning $51,5 million so far from the accounts. The attack is reportedly isolated to Arbitrum and BSC.

It appears the attack began on Radiant's BNB Chain instance and then moved onto Ethereum Layer 2 Arbitrum.

The small-cap cryptocurrency Radiant Capital (RDNT) stood out among other cryptocurrencies with a remarkable volume surge, gathering analysts' attention. In particular, the prominent crypto trader Alan Santana believes in a “fast move” potential that could render up to 200%.

Radiant Capital's new liquidity plan could significantly boost user engagement and operational efficiency, enhancing the ecosystem's stability. The post RDNT token jumps 20% following Radiant Capital's new liquidity plan appeared first on Crypto Briefing.

Binance has announced the delisting of several trading pairs in its spot market. Effective April 12, 2024, Binance will remove the BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB trading pairs.

The cryptocurrency market is abuzz with anticipation as Ethereum's Dencun upgrade approaches, slated for March 13. This upgrade promises better usability, security, and fast transactions, potentially sparking a new altcoin season.

The crypto market is about to end January, a historic month for the digital assets sector, considering the spot Bitcoin ETF approval. While the response didn't meet expectations in the near term, experts predict optimistic effects in the upcoming sessions.

Horizen (ZEN), Radiant Capital (RDNT), Injective (INJ), Beldex (BDX), and SKALE (SKL) are all altcoins that have interesting developments lined up in February, which could positively affect their price.