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Radiant Capital Hackers Bridge $52M to Ethereum After Exploit

  • 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.

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