Radiant Capital to Wind Down Operations After Failing to Recover From $50 Million Hack
Radiant Capital, once one of the largest cross-chain lending platforms in decentralized finance (DeFi), has announced plans to wind down operations after failing to recover from a devastating exploit that drained more than $50 million from the protocol in October 2024. In a recent community update, Radiant’s decentralized autonomous organization (DAO) said it could no…
