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Lending protocol Radiant Capital was reportedly hit with a cyberattack that targeted its contracts on BNB Chain and Arbitrum.

Hackers stole over $50M from Binance-backed Radiant Capital by compromising private keys and altering smart contracts.

The Radiant hacker has converted stolen funds into major tokens, holding 12,835 ETH (approx. $33.56M) and 32,113 BNB (approx.