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Radiant Capital allegedly hacked and $51m stolen

Radiant Capital allegedly hacked and $51m stolen

CryptopolitanCryptopolitan2024/10/16 20:30
By:By Enacy Mapakame

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Radiant Capital has allegedly been hacked with scammers siphoning $51,5 million so far from the accounts. The attack is reportedly isolated to Arbitrum and BSC.

In a post on X platform, Web3 real-time security and hack prevention Ancilia Inc. warned the market of the breach and confirmed the illegal activity which resulted in the transfer from user’s account through contract 0xd50cf00b6e600dd036ba8ef475677d816d6c4281.

“Please revoke your approval ASAP. It seems like the new implementation had vulnerability functions,” warned Ancilia.

This is a developing story

See also Bitcoin price: Why the 2024 US elections might be a non-event for BTC's parabolic phase
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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