Radiant Capital $58M hack an expensive ‘lesson’ for DeFi
Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements to its protocol.
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Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements to its protocol.
Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds.
As the value and popularity of digital assets continue to rise, cybercriminals are also incentivized to exploit any vulnerabilities they can find.
WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether.
CoinStats said in a July 5 update that it’s still investigating the incident and is taking action to secure its new infrastructure.
