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At Close: Jun 03, 2026
Radiant Capital (RDNT), a decentralized finance lending protocol, announced Monday it is shutting down, nearly two years after hackers drained $50 million from the platform in a sophisticated malware
DeFi recoveries often extend far beyond fixing the exploit itself.
Radiant Capital has announced plans to wind down operations after spending 18 months attempting to recover from a major security breach that resulted in approximately $50 million in losses.
Radiant Capital has announced plans to wind down operations after failing to recover from a $50 million exploit that devastated the lending protocol and left it without sufficient funding to continue.
Radiant says its frontend and smart contracts will remain accessible and users will still be able to withdraw, repay, and manage their positions.
Radiant Capital said it hasn't been able to recover a meaningful amount of funds or raise new capital since the 2024 exploit.

Drift links $280M hack to radiant attackers

07:21am, Sunday, 05'th Apr 2026
Drift said its $280M exploit followed months of planning and linked the attack with medium-high confidence to Radiant hackers.
Radiant Capital exploited via multisig wallet compromise, leading to $50M loss.
The Radiant Capital hacker recently deposited 2,834 ETH into the mixer protocol Tornado Cash one year after exploiting the project's lending pool, resulting in a $53 million loss. According to on-chai
The attacker responsible for last year's Radiant Capital hack recently made an interesting play, turning the stolen funds into nearly double their original value.
The $50 million hack sent shockwaves across the defi community with funds authorized to different projects completely drained.
On October 16, 2024, Radiant Capital, a decentralized cross-chain lending protocol built on LayerZero, was the victim of a highly sophisticated cyberattack that resulted in a staggering $50 million lo
Cross-chain DeFi protocol Radiant Capital saw its TVL drop drastically after two exploits in 2024.
The firm believes when a developer was contacted by a “trusted former contractor” in early September, it was really a DPRK actor in disguise.
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