Security company: Radiant Capital's breach caused losses of approximately $58 million

BlockBeats reported that on October 17, Radiant Capital suspended its lending market due to a cybersecurity vulnerability on BNB Chain and Arbitrum. Web3 security company De.Fi estimates that the vulnerability has caused a loss of approximately $58 million.

The Radiant team is working with multiple security companies and will provide updates as soon as possible. (Cointelegraph)