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Radiant Capital Hack

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Discovered On2024-10-16
Stolen Amount$53M
Affected Networks
Ethereum Logo
BNB Chain Logo
Arbitrum Logo
Base Logo
Read Moremedium.com, x.com

Description

Over $50m was stolen from Radiant Capital's Lending Pool contracts. In this exploit, malicious actors compromised the devices of several core team members and signers of Radiant Capital's multisig wallet. After compromising these devices, the attackers were able to make it seem like the signers were signing safe transactions, while they were actually transferring ownership of the multisig wallet to the attackers. Once the multisig was transferred, the attackers pushed an update to the Lending Pool contracts, draining all of the funds from the lending pools and approved user wallets.

Affected users remain at risk as long as they haven't revoked their approvals, so it is recommended to use the Revoke.cash Exploit Checker below to make sure that you're safe.

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