DeFiBearishDaily Hodl · 4h ago7/10
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DeFi Platform Radiant Capital Shutting Down Following $50,000,000 Hack
Radiant Capital, a cross-chain DeFi lending protocol, is shutting down following a $50 million hack in October 2024 that exploited advanced malware injection. The closure marks a significant failure in DeFi security and highlights persistent vulnerabilities in decentralized finance platforms despite their promise of trustless operations.
