Radiant to Wind Down After Failing to Recover From 2024 Hack

Radiant says its frontend and smart contracts will remain accessible and users will still be able to withdraw, repay, and manage their positions.

Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024.

Radiant’s decentralized autonomous…