Radiant Capital Hack: $600,000 ETH Long Attacks Linked to North Korean Actors

On December 8th, COINOTAG reported insights from renowned on-chain analyst ZachXBT, who revealed that the perpetrator behind the Radiant Capital attack has been executing long ETH assaults on Hyperliquid. Estimates suggest that the attacker has already amassed around $600,000 through a series of transactions across various addresses. This disclosure follows Radiant Capital’s detailed report, published on December 7th, regarding the hacking incident that transpired in October. Radiant Capital’s management confirmed that an extensive investigation is underway, with security experts from Mandiant expressing high confidence that the involvement of malicious entities affiliated with North Korea is likely. The October 16th breach, which led to substantial losses of roughly $50 million, underscores the enduring vulnerabilities that exist within the decentralized finance sector.