Radiant Capital Suffers $50M Loss in Second Major Hack 

Lending protocol Radiant Capital has once again fallen victim to a cyberattack. This time, the protocol has suffered even greater losses. Radiant Capital is actively investigating the breach. The rise of decentralized finance (DeFi) has brought both innovation and opportunity. Still, it has also attracted malicious actors, leading to a growing number of protocols falling victim to increasingly sophisticated hacks. Several platforms have been repeatedly targeted this year alone, with hundreds of millions in user funds stolen. Cross-chain lending protocol Radiant Capital was one of the earliest victims, suffering a $5 million loss in January 2024. The protocol has

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