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Radiant Capital Taps FBI To Recover Stolen Funds in $50M Crypto Hack

CoinGape LogoCoinGape12h ago

Radiant Capital Taps FBI To Recover Stolen Funds in $50M Crypto Hack - CoinGape

Quick Summary:

Radiant Capital is actively collaborating with U.S.law enforcement, including the FBI, in efforts to recover $50 million USD stolen during a highly sophisticated security breach on October 16, 2024.

The incident, which targeted multiple developers’ hardware wallets using advanced malware injection, led to the unauthorized withdrawal of funds.

Attackers exploited vulnerabilities in the DAO’s blockchain contracts on Binance Smart Chain (BSC) and Arbitrum, draining assets from liquidity pools.


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Radiant Capital Taps FBI To Recover Stolen Funds in $50M Crypto Hack - CoinGape (Picture 1)

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 07:31:51 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23116410

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 16 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Radiant Capital Taps FBI To Recover Stolen Funds in $50M Crypto Hack" has 494 words across 38 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Radiant Capital Taps FBI To Recover Stolen Funds in $50M Crypto Hack" was covered 12 hours ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 16 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23116410
  • URL: https://beamstart.com/news/radiant-capital-taps-fbi-to-17292369942330

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