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coinpedia 2024-01-03 10:27:19

Radiant Capital Suspends Operations on Arbitrum Following $4.5 Million Exploit

The post Radiant Capital Suspends Operations on Arbitrum Following $4.5 Million Exploit appeared first on Coinpedia Fintech News In a recent high-profile security incident, Radiant Capital, a prominent cross-chain lending protocol, has temporarily suspended its lending and borrowing markets on the Arbitrum network. This move comes in the wake of a sophisticated $4.5 million exploit (equivalent to 2337 ETH) targeting its newly launched USDC Coin (USDC) markets. Details of the Attack The exploit, …

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