Arbitrum token jumps 5% on news LG Electronics is building a new blockchain
LG’s new Arbitrum-based blockchain will serve as a platform for placing, buying, selling, and managing digital ads....
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The next DeFi drain could come from legacy contracts everyone forgot
The Raydium AMM V3 exploit drained roughly $1.34 million from a phased-out program tied to five pools outside the current product path, unsupported by Raydium’s UI or SDK, and inaccessible to current users. The exploit hit legacy DeFi contracts and infrastructure that nobody treated as a live attack surface, exposing a lifecycle-management failure that exten...
Unable to recover from roughly $50 million hack, Radiant Capital is winding down
Radiant Capital is shutting down after failing to recover from a $50 million hack in October 2024. The omnichain money market, which also suffered a $4.5 million flash loan attack earlier that year, couldn't raise fresh capital or recover meaningful funds. Users can still withdraw and manage positions as the protocol enters maintenance mode. Rising exploits remain a critical DeFi challenge.