Radiant Hacked for $4.5 Million, Arbitrum USDC Lending Market Temporarily Suspended

Radiant Capital responded to the issues encountered in the newly created native USDC market on Arbitrum. Following verification by Radiant developers and the wider Web 3 security community, the Radiant DAO Committee has temporarily suspended the lending market on Arbitrum and is conducting further investigations. Currently, no funds are at risk.