Radiant Capital suffers flash loan attack, loses $4.5 million
RadiantCapital suffered a lightning loan attack and lost $4.5 million. The attacker manipulated the index parameter (later used as the denominator) to become very large. There was a rounding error in the calculation of the contract, which resulted in accumulated precision errors. As the index parameter rapidly expanded, this precision error was also amplified, ultimately allowing the attacker to profit through repeated deposit() and withdrawal() operations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mobee Partners with ATT Global to Launch Exclusive IEO Platform
ORDI falls below $6
DWF Labs spends $25 million to buy WLFI tokens
Bitwise Lists Four Crypto ETPs on London Stock Exchange
Trending news
MoreCrypto prices
More








