Radiant Capital was subject to a flash-loan-based exploit upon launching the new native USDC market on Arbitrum on January 2nd a
03 Jan 2024, 20:05
Radiant Capital was subject to a flash-loan-based exploit upon launching the new native USDC market on Arbitrum on January 2nd at 06:53:29 PM +UTC, leading to the protocol accruing bad debt in the WETH market totaling about 1.3% of total protocol TVL. 🧵1/10👇
Same news in other sources
303 Jan 2024, 20:05
In no particular order, we want to thank @paladin_marco , @hexagate_ , @BlockSecTeam , @LayerZero_Labs , @MaybeMaxPower , @samczsun , @chaos_labs , @pcaversaccio , Daniel from @OriginProtocol , Stephen Tong from @zellic_io , @chainalysis , @tayvano_ , @cryptogle , @pashovkrum , @trmlabs ,…
In no particular order, we want to thank @paladin_marco , @hexagate_ , @BlockSecTeam , @LayerZero_Labs , @MaybeMaxPower , @samcz
In no particular order, we want to thank @paladin_marco , @hexagate_ , @BlockSecTeam , @LayerZero_Labs , @MaybeMaxPower , @samczsun , @chaos_labs , @pcaversaccio , Daniel from @OriginProtocol , Stephen Tong from @zellic_io , @chainalysis , @tayvano_ , @cryptogle , @pashovkrum , @trmlabs ,…
03 Jan 2024, 20:05
Thank you for your continued patience. The #1 priority is to safely unpause the Arbitrum markets & ensure no users are affected. Barring any setbacks, the intention is that this can occur within the next 24 hours. 10/10🧵
Thank you for your continued patience.
Thank you for your continued patience. The #1 priority is to safely unpause the Arbitrum markets & ensure no users are affected. Barring any setbacks, the intention is that this can occur within the next 24 hours. 10/10🧵
03 Jan 2024, 20:05
Over the coming days, a detailed post-mortem analysis and proposed technical and bad debt remediation plan will be put forth. 9/10🧵
Over the coming days, a detailed post-mortem analysis and proposed technical and bad debt remediation plan will be put forth.
Over the coming days, a detailed post-mortem analysis and proposed technical and bad debt remediation plan will be put forth. 9/10🧵