North Korean Hackers Swipe $50M in Crypto Heist: Radiant’s Security Nightmare

Radiant Capital blames North Korean threat actors for the $50 million cryptocurrency heist. The culprits, known as Citrine Sleet, used sophisticated malware to breach Radiant’s defenses, leaving security measures in the dust. Even the best practices couldn’t catch these sneaky cyber ninjas in action.

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Hot Take:

It’s official, folks! North Korean hackers, aka the Ocean’s Eleven of the digital world, have pulled off yet another grand heist, leaving Radiant Capital feeling less like a shiny crypto star and more like a dimmed LED bulb. Who knew that a Telegram message could lead to a $50 million oopsie? If only their malware skills were used for good and not evil—like debugging my laptop when it decides it’s on strike.

Key Points:

  • Radiant Capital was hit by a $50 million cryptocurrency heist on October 16, 2024.
  • The attackers were identified as North Korean hackers known as Citrine Sleet or UNC4736.
  • The attack involved sophisticated malware that compromised three trusted developers’ devices.
  • The hackers exploited the multi-signature process to steal funds from Arbitrum and Binance Smart Chain markets.
  • Radiant Capital is working with U.S. law enforcement to recover the stolen funds.

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