ChainBleedv0.1 · open intel
← back to feed·BSC2024-10-17 · 1y ago
Incident · SLOWMIST

Radiant Capital

Malware Attack
Estimated loss
$50.00M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
Undisclosed
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

Radiant Capital posted on X acknowledging issues with its lending markets on BNB Chain and Arbitrum. Trading on Base and Mainnet markets has been paused. According to SlowMist’s security team analysis, the incident occurred after the Radiant attacker illegally gained control of 3 multisig permissions and upgraded to a malicious contract to steal funds. The incident analysis report released by Radiant reveals that the attackers successfully compromised the devices of at least three core contributors through sophisticated malware injection techniques. These compromised devices were then used to sign malicious transactions. Attack method (per SlowMist): Malware Attack. Reported loss: $ 50,000,000.

Primary source
https://x.com/RDNTCapital/status/1846634050100039881
Sourced from
slowmist
Technical record
chain
bsc
protocol
Radiant Capital
bug_class
unknown
date_occurred
2024-10-17
loss_usd
$50,000,000
source_id
sm:radiant-capital::2024-10-17
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