Ancilia: Radiant Capital has lost more than $4 million in total on Arbitrum.

Shri

Golden Finance reports that the Web3 security platform Ancilia posted on social media, stating that the protocol used by Radiant Capital appears to have been hacked. The total amount lost on Arbitrum exceeds $4 million, with apparent manipulations on ReservedNormalizedIncome() and adjustments to user AToken (AAVE protocol) balances. AToken is commonly used for collateral. More details will be released soon.

Niti998

The loss is indeed quite substantial.

Kahn332

It does seem to involve a substantial amount of money, doesn't it?