ETH Hack Sparks Market Volatility, Fear Index Climbs

A major hack of Radiant Capital has sent shockwaves through the Ethereum market, triggering a spike in volatility and raising concerns about compliance. The hacker reportedly transferred 5,933 ETH – worth roughly $26.7 million – via the Tornado Cash mixing platform. This move is believed to have triggered a shift in investor sentiment, reflected by the Fear and Greed Index climbing to 58, signaling heightened anxiety and uncertainty within the market. 🤔