Radiant Capital Hit by $53M Hack, Stolen Funds Swapped for 12,835 ETH and 32,113 BNB

The post Radiant Capital Hit by $53M Hack, Stolen Funds Swapped for 12,835 ETH and 32,113 BNB appeared first on Coinpedia Fintech News

Among the growing bullishness in the crypto market, scammers are back in motion to capitalize on the growing FOMO. In a recent malicious activity, the Radiant Capital has been hacked for $53 million. The hack occurred over Arbitrum and BSC. The hacker has swapped the stolen assets for 12,835 ETH tokens worth $33.6 million and 32,113 BNB tokens worth $19.4 million. Over the BNB chain, the Radiant Capital lost six assets and on Arbitrum, the Capital lost 12 tokens including the bridged USDC.