Radiant Capital: Radiant DAO has suspended the lending market on Arbitrum
Radiant Capital posted on X platform that they received a report about issues with the newly created native USDC market on Arbitrum. After verification by Radiant developers and the wider Web 3 security community, the Radiant DAO committee temporarily suspended the lending market on Arbitrum and is conducting further investigations. Existing funds are not at risk. No action can be taken until the issue is fully resolved. Once the problem is completely resolved, a detailed post-analysis will be released and the Arbitrum protocol will operate normally after the investigation is completed.
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.
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