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Wednesday, October 16, 2024 at 11:00 UTC

Radiant Capital

Malware-laced PDF compromised 3 multisig signers.

Lost
Funds stolen
$50.00M
Recovered
$0.00M0%
Still outstanding
$50.00M
Chain
Arbitrum
Category
DeFi
Attack vector
Private Key Compromise
Reported by
PeckShield
Incident ID
h2024-4

Exploit & recovery timeline

  1. Oct 16, 2024 · 09:00 UTC
    Attack preparation

    Attacker wallets funded and staged ahead of the private key compromise exploit against Radiant Capital.

  2. Oct 16, 2024 · 11:00 UTC
    Exploit executed

    $50.0M drained from Radiant Capital on Arbitrum via Private Key Compromise.

  3. Oct 16, 2024 · 12:00 UTC
    Detected by PeckShield

    PeckShield flagged the anomalous transactions and published an initial alert.

  4. Oct 16, 2024 · 15:00 UTC
    Protocol response

    Radiant Capital paused affected contracts or withdrawals and began tracing outbound flows.

  5. Oct 17, 2024 · 11:00 UTC
    Funds traced

    Stolen assets followed through mixers, bridges, and exchange deposit addresses.

  6. Nov 15, 2024 · 11:00 UTC
    Funds written off

    No assets recovered; losses absorbed by the protocol, insurers, or users.