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Ancilia: Radiant Capital's total losses on Arbitrum exceed $4 million

Ancilia: Radiant Capital's total losses on Arbitrum exceed $4 million

CointimeCointime2024/01/03 00:36
By:Cointime

The Web3 security platform Ancilia posted on social media that the protocol used by Radiant Capital seems to have been hacked. The total amount lost on Arbitrum is more than $4 million, apparently through operations on ReservedNormalizedIncome() and on user values of AToken (AAVE protocol) balances. AToken is used for collateral. More details will be released soon.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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