🚨 Radiant Capital's $50M Heist: A Comedy of Errors? 🚨
- Radiant Capital, a DeFi platform, revealed a $50M theft on Oct. 16 from BNB Chain and Arbitrum.
- Hackers used "sophisticated malware" to compromise devices of three developers, signing malicious transactions while showing legit ones.
- The breach occurred during a routine multisignature emissions adjustment.
- Users are advised to revoke approvals on all chains to prevent further losses.
- Cybersecurity firm Hacken reports $316M lost in Q3 due to access control exploits, making up 70% of stolen crypto funds.
Stay safe, and keep those wallets tight! 💰