The Radiant Capital hack resulted in the theft of approximately $50 million from the decentralized cross-chain lending protocol. The attack was sophisticated and involved malware that was installed on a developer's device through a disguised PDF file. The hackers manipulated transaction data and convinced developers to authorize a transfer of ownership, allowing them to drain the funds in under three minutes. Cybersecurity experts believe the attack was carried out by North Korean hackers. The incident highlights the increasing sophistication of cyber threats in the crypto space and the need for stronger security protocols and asset governance. Radiant Capital is working with investigators and authorities to freeze stolen assets and is committed to sharing lessons learned to improve security standards in the industry.



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