The hacker, who last year, made an attack on the decentralized credit protocol of the Radiant Capital and stole crypto assets in the amount of $ 53 million, almost doubled the cost of stolen funds using a special broadcasting strategy.

The blockchain analyst under the pseudonym Embercn said that the hacker sold 9631 broadcasts at an average price of $ 4562, exchanging DAI for 43.9 million stabilcoins. The attacker waited for the broadcasting rate to fall to $ 4096, and then bought 2109.5 ETH for $ 8.64 million DAI. Now the hacker addresses 14,436 ETH and 35.29 million DAI, the total amount of which is $ 94.63 million. This is $ 41 million more than the original value of stolen assets.

In October 2024, the Hacker using the InletDrift program for MacOS compromised the Radiant Capital wallet with multi -signatures. The attacker abducted tokens from credit bullets on Arbitrum and BNB Chain – this has become one of the most destructive attacks of the year. The stolen assets were converted into 21 957 ETH, which at that time were estimated at $ 53 million (the broadcast traded about $ 2500 per coin). The decision to store most ETH during the bull rally Altcoin played an important role in increasing the cost of the cracker’s portfolio portfolio.

To investigate the Radiant Capital hacking, she began to cooperate with the US Federal Bureau of Investigations, Chainalysis analysts, as well as with Seal911 and Zeroshadow operating in the Web3 Security. In December, the Radiant Capital team suggested that North Korean hackers may be involved in the attack.

Earlier, the Radiant Capital cross-protocol has undergone another hacking, during which unknown managed to withdraw 1,900 ETH worth about $ 4.5 million. According to the developers of the injured protocol, the incident occurred due to the new lending market using USDC based on Arbitrum.