Radiant Capital Winding Down After $50M Hack Linked to North Korean Group
ID: 99c42ce8-3e79-5c5b-91be-855da5806f58
STIX ID: report--99c42ce8-3e79-5c5b-91be-855da5806f58
Feed Name: ThreatCluster
Threat Score
Radiant Capital, a decentralized lending protocol, is winding down after a $50M October 2024 exploit attributed to the North Korean Lazarus Group; attackers used a macOS backdoor (INLETDRIFT) to compromise multisig hardware-wallet signers and deploy a backdoor contract, collapsing TVL from roughly $386.8M to $2.21M, crashing the RDNT token and prompting delistings and withdrawal-only maintenance.
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