Radiant Capital (RDNT), a decentralized finance lending protocol, announced Monday it is shutting down, nearly two years after hackers drained $50 million from the platform in a sophisticated malware attack. The protocol, which operated cross-chain lending across multiple networks, was compromised in October 2024 when attackers used a “highly advanced malware injection” to breach multiple […]
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Bitcoin carried nearly all of May’s inflows. Monthly flows into crypto treasury companies dropped to $180 million for the month, the weakest level since October 2024, and Bitcoin-linked firms accounted for almost all of it with $177 million. Smaller additions went to ZCash, Story and Sui, while Litecoin posted a $1.89 million outflow. The fall was steep. May’s total was down 95% from April’s $4.4 billion and about 93% below the monthly average from January through May, after March and April each cleared $4 billion. Related Reading: Bitcoin Faces Prolonged Downtrend Through 2027, Analyst Warns From Election Surge To Slower 2025 The latest drop comes after a sharp burst of buying late last year, when DAT inflows climbed past $12 billion after the 2024 US election results and a friendlier policy backdrop. DefiLlama’s figures show the trend then cooled through 2025, staying below $10 billion a month until late summer before slipping again. That left treasury firms with a tougher pitch. The
Radiant Capital enters wind-down after a $50M exploit, with TVL falling to $2.21M and market cap dropping below $2M. Radiant Capital is moving into a wind-down phase after months of failed recovery work following its October 2024 exploit. The DAO said it lacks recovered funds, new capital, and enough runway to keep operating responsibly, while […]
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Flare Founder Hugo Philion has revealed how his network is utilizing XRP in the decentralized finance (DeFi) space. This includes wrapping the XRP token, which enables users to deploy it on DeFi platforms to earn yield. Flare Founder Breaks Down How They Use XRP For DeFi In an ‘XRP in One Minute’ episode, Philion stated […]
Radiant Capital has announced plans to wind down operations after failing to recover from a $50 million exploit that devastated the lending protocol and left it without sufficient funding to continue. According to a statement published Monday by Radiant’s decentralized…
The cross-chain lender that once held more than $300M in deposits now has $2.21M in total value locked, a sub-$2M market cap, and no remaining major-exchange listing — the slow end-state of an October 2024 exploit Mandiant traced to North Korea.
The growth of Decentralized Finance (DeFi) on the XRP Ledger is bringing increased attention to one of the industry’s most persistent challenges. While new financial applications create opportunities for growth and innovation, they also introduce potential vulnerabilities that can be exploited if adequate safeguards are not in place. A newly proposed XRPL upgrade aimed at mitigating flash loan attacks signals a growing commitment to building a more secure foundation for the network’s expanding DeFi ecosystem. How The Proposed Safeguards Could Protect Liquidity Pools The XRP Ledger is taking steps to address one of decentralized finance’s most persistent security challenges. Crypto analyst CryptoSensei revealed on X that a new XRPL proposal aims to reduce the risk of flash loan attacks, a type of exploit that has already cost DeFi protocols hundreds of millions of dollars across the industry. Related Reading: XRP’s Latest Move To DeFi: What This Upgrade Will Mean For Users And Investors
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OBIDOS, PORTUGAL – SEPTEMBER 12: Detail of Taylormade clubs is pictured on the 12th hole on day one of the Open de Portugal at Royal Obidos 2024 at Royal Obidos Spa & Golf Resort on September 12, 2024 in Obidos, Portugal. (Photo by Octavio Passos/Getty Images) Getty Images For the past five decades, TaylorMade has been synonymous with driver technology. In more recent years, the company has launched new drivers almost yearly, even famously producing multiple new drivers in the same year. That production style is about to change however, as TaylorMade announced this month that they will not be producing a new driver in 2027. The decision makes sense from a logistical standpoint as the companies drivers and woods will now be on the same two-year cycle as their irons, wedges and ball lineups. That means, for the rest of 2026 and 2027, TaylorMade will stick with the same lineup for their Qi4D se
Explore what Radiant Capital is, the problem it targets, how its token functions, ecosystem context, and risks for users and investors.
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