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Radiant Capital Hit by $50 Million Hack, Second Major Attack in 2024

Radiant Capital is a blockchain lending platform that offers a variety of different products and services, including loans. It has been subjected to a gigantic $50 million hack-the second major breach this year for the company.   Source: https://www.binance.com/en/square/post/14965658042889 Reports suggest

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Shift from DeFi to CeFi in Web3 security: Increased crypto losses in 2024

Shift from DeFi to CeFi: Cyvers Web3 Security Report Q2 2024

In Q2 2024, Web3 security changed significantly. Centralized exchanges (CeFi) became the main target for attackers. Meanwhile, decentralized finance (DeFi) protocols improved their defenses. Cyvers, a blockchain security firm, highlighted these shifts in its latest report.  Source: https://financialit.net/news/fundraising-news/cyvers-raises-8m-led-elron-ventures-bring-proactive-security-web3-economy Increased Crypto

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