TechFlow reports that Radiant Capital has posted on X stating it received reports of issues with a newly created native USDC market on Arbitrum. Following verification by Radiant developers and the broader Web3 security community, the Radiant DAO Council has temporarily suspended the lending market on Arbitrum.
No actions can be taken on the Arbitrum market until the suspension is lifted. A detailed post-mortem analysis will be published once the issue is fully resolved, and the Arbitrum protocol will resume normal operations after the investigation concludes.
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