$50M Hack Breaks Radiant Capital: Why the DAO Is Now Winding Down
Radiant Capital enters wind-down after a $50M exploit, with TVL falling to $2.21M and market cap dropping below $2M. Radiant Capital is moving into a wind-down phase after months of failed recovery work following its October 2024 exploit. The DAO said it lacks recovered funds, new capital, and enough runway to keep operating responsibly, while...
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