The hacker responsible for the recent theft from decentralized finance protocol Radiant Capital has shifted most of the stolen funds, valued at around $52 million, from various layer-2 networks to Ethereum. This move, reported by blockchain security firm PeckShield, involved transferring nearly 20,500 Ether from Arbitrum and Binance's BNB Chain to the Ethereum network, possibly to obscure the funds' origins. Following the breach on October 16, 2024, Radiant Capital warned users to secure their wallets against potential drains and paused its lending markets. The incident was particularly serious as attackers used advanced malware to compromise the devices of three core developers, gaining control over the multisignature wallet. The platform's total value locked reportedly plummeted by 66%, now standing at approximately $24 million. Earlier in the year, Radiant Capital faced a $4.5 million exploit due to a flash loan attack, highlighting ongoing security challenges in the DeFi space.

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