Radiant Capital
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Radiant is building the first omnichain money market atop LayerZero. Deposit & borrow across multiple chains, seamlessly.
Radiant announces an orderly wind-down of DAO operations
After 18 months of failed recovery efforts and no new capital raised, the DAO decided to halt active development and move the protocol to a maintenance-only state.
Radiant attributes the October 2024 exploit to North Korean hackers
Following an investigation with cybersecurity experts, Radiant said the ~$50M October attack was carried out by North Korean state-linked hackers.
Radiant loses roughly $50M in an exploit on BNB Chain and Arbitrum
An attacker gained control of the protocol's multisig wallet and drained ~$50M from BNB Chain and Arbitrum markets, the project's second major exploit of the year.
Radiant's native USDC market on Arbitrum exploited in a $4.5M flash loan attack
An attacker drained about $4.5M (1,900 ETH) by exploiting a rounding issue in the codebase, prompting Radiant to pause lending and borrowing on Arbitrum.
Binance Labs invests $10 million in Radiant Capital
Binance's venture arm made a $10M strategic investment to fund product development, including extending oracle support and deploying to Ethereum mainnet.
Radiant launches V2, migrating RDNT to the LayerZero OFT omnichain format
The V2 upgrade moved the token from ERC-20 to LayerZero's Omnichain Fungible Token standard, enabling cross-chain fee sharing and further chain expansion.
RDNT token fair-launches on Arbitrum, bootstrapping Radiant's protocol
The DAO self-funded the project and fair-launched the RDNT token on Arbitrum via SushiSwap in July 2022, with no VC or presale involvement.