Radiant Capital faces 57.5 million USD loss from two MAJOR hacks in 2024

In 2024, Radiant Capital faced two hacks, leading to a total loss of approximately 57.5 million USD. Efforts are ongoing to recover these stolen funds, including seeking partnerships and a second DAO vote to plan restructuring.

Despite their recovery initiatives, Radiant Capital struggles to regain community trust and ensure the future stability of their protocol. Upcoming strategic decisions will play a critical role in determining RDNT’s path forward.

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