Radiant Capital Hacker Converts Stolen Arbitrum Assets to ETH and BNB: $33.66M and $19.39M Stored in New Addresses

On October 17, 2023, COINOTAG highlighted a significant incident involving the hacking of Radiant Capital. According to insights from Ember, it was reported that the hacker successfully converted the stolen assets from the Arbitrum chain into Ethereum (ETH), alongside assets from the BSC chain which were exchanged for Binance Coin (BNB). The illicit funds were subsequently relocated to two specific digital wallets: 0x8b75e47976c3c500d0148463931717001f620887, which now holds approximately 12,834 ETH valued at around $33.66 million, and 0xcf47c058cc4818ce90f9315b478eb2f2d588cc78, with about 32,112 BNB equivalent to $19.39 million. Investors are advised to stay vigilant as the repercussions of such breaches can significantly impact the broader cryptocurrency market.