
A security incident involving Radiant Capital has led to significant financial losses estimated at over $52 million due to a hack. The crypto security firm Ancilia faced criticism for mistakenly sharing a wallet drainer link while attempting to assist victims of the breach. Following the exploit, users were left scrambling to revoke permissions to their accounts. The hack, which has been described as sophisticated, reportedly occurred after attackers compromised the computers of multiple team members, who were misled by legitimate-looking multisig data displayed on their screens. In response to the incident, Radiant Capital has frozen its lending markets to mitigate further losses.


Yesterday's sophisticated 50 million Radiant Capital hack happened after attacker's trojaned the computers of multiple team members. Team members saw and verified good multisig data on screens, but their hardware wallets signed evil data. 1/7 https://t.co/zE7Hk0zN22
#CMCNews: Radiant Capital freezes lending markets after $50M+ loss due to critical security flaw. https://t.co/h5pd8BHGk8
Radiant Capital’s $50M crypto hack underlines DeFi’s multisig dependence https://t.co/BImD9AE0CJ