Hackers behind the Radiant Capital exploit have successfully bridged nearly $52 million worth of stolen funds from Arbitrum and BNB Chain to Ethereum.
The exploit involved advanced malware injections that compromised devices of reputable contributors, allowing attackers to validate malicious transactions and drain funds.
Blockchain security firms detected the suspicious activity and confirmed losses of $52 million across multiple tokens.
This incident highlights the ongoing security challenges faced by decentralized finance protocols and raises concerns about the vulnerabilities of cross-chain DeFi platforms.