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Bitcoin News / Bitcoin Magazine - 2 years ago

Bitcoin As A 21st Century Piece Of Eight

Many commentators compare Bitcoin with gold, the idea being that its finite supply makes it an attractive long-term store of value. There have been historical examples of broad adoption of gold currencies, such as the British Empire’s sovereign and h...

Bitcoin News / Bitcoin.com - 2 years ago

Defi Platform Radiant Capital Loses Digital Assets Worth $4.5 Million After Flash Loan Attack

Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $4.5 million...

Cryptocoins News / Blockchain  - 2 years ago

Radiant Capital Suffers $4.5M Flash Loan Attack

Radiant Capital was hit by a $4.5M flash loan attack due to a known codebase rounding issue, leading to a temporary pause in their Arbitrum market operations. (Read More)