Radiant Capital Freezes Lending and Borrowing After $4.5M Flash Loan Attack
In a gripping turn of events, Radiant Capital, a leading cross-chain lending protocol, has momentarily frozen its lending and borrowing avenues on the Arbitrum network. This decision comes hot on the heels of a meticulously orchestrated exploit, draining a staggering $4.5 million (equivalent to 2337 ETH) from its recently inaugurated USDC Coin (USDC) markets.
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