Alleged unauthorized access to Radiant Capital, which reportedly resulted in a theft of $53 million, has led to a significant increase in the stolen amount to $95 million. The alleged breach involves Ethereum-based cryptocurrencies, with hackers exploiting this digital asset for profit. Initial reports on Telegram suggest that the hacker strategically traded on Ethereum to convert the initial $53 million into the higher figure. While unverified, these transactions have raised concerns about security vulnerabilities in the cryptocurrency space. This incident is still under investigation by authorities, and its implications for Ethereum trading remain unclear. Whether this event will trigger regulatory scrutiny of exchanges handling Ethereum is yet to be seen. For updated information, refer to Radiant Capital’s official channels like their social media, project blog, and relevant blockchain explorers.