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Radiant Capital exploit drains about $50 million and halts lending markets
On 16 October 2024, attackers compromised devices used by multiple Radiant Capital core contributors through malware and caused malicious transactions to be signed while the Safe{Wallet} interface displayed benign transaction data. The attackers hijacked control of lending contracts and drained about USD 50 million. Radiant paused lending markets, directly interrupting its core borrowing and lending service while incident response and remediation proceeded.
82
Estimated severity
82 / 100
92
Source reliability
92 / 100
Approximate Date
16/10/2024
Targeted Company
RADIANT CAPITAL
Targeted Company Supply Chain Impact
Distribution & Fulfillment
Procurement & Sourcing
Production & Manufacturing
Sales (Retail & Ecommerce)
Warehousing
Service Delivery
Unrecognized Impact
Supply Chain Relations
No information
Geographic Impact
Country Targeted Company
Other Affected Countries
No other affected countries reported
Target country
No information
Affected countries
No information
Impacted regions
No information
Operational Impact
Duration
No information
Financial impact (USD M)
$50M
Impact types
Service unavailabilityOperational disruption
Affected sectors
Finance & Insurance
Affected departments
No information
Attack Profile
Attack types
MalwareUnauthorized access
Attributed threat actors
No information