Radix Weekly
Previously: the Radix network was halted by a critical Radix Engine exploit that drained Hyperlane-bridged assets, and the RAC coordinated daily updates while a patch was prepared behind the scenes.
It was the week Radix came back from the dead. The network stayed frozen for days while a patched node version called Eagle-Ray was rolled out to validators in a carefully staged upgrade, then roared back to life on Friday. The relief was real, but grief over stolen assets and a fierce debate about compensating victims kept the room raw and divided through the weekend.
Eagle-Ray patch and coordinated restart
The patched node version Eagle-Ray (v1.4.0.0) was rolled out to validators in a deliberately staged upgrade. Faraz explained the goal was well above 67% of stake coordinated before restart to avoid another liveness break. Bart from StakeSafe launched a real-time dashboard tracking validator adoption. The network recovered Friday, with gateway reads…
Compensation debate rages on
Timoti Fregni proposed a community-driven, non-binding compensation fund to be honoured if Radix recovers. Radix Superfan objected to any mandatory tax on node runners. Spangular Directions floated a price-vested scheme; foxylady urged him to formalise it as a community proposal and put it to a vote rather than just talking in chat.
Transparency after the hack
Members debated how openly to discuss the exploit. Martin Lawrence half-jokingly suggested keeping quiet; Matt and Vlad B pushed back hard, saying affected community members deserve honesty first. projectShift confirmed an official report will come once the situation is properly resolved.
Ecosystem casualties assessed
Weft Finance appears abandoned — active development halted though the developer hasn't officially quit. Vlad B explained Anthic was killed by regulatory delays, and Markus noted Blend was quietly taken offline after RDX Works and the Foundation separated. RSwap liquidity was temporarily withdrawn, with Gary promising it returns in a week or two.
CEX sandbox prices and withdrawal freeze
projectShift warned that CEX trading prices during the halt were isolated sandboxes with no arbitrage, cautioning people not to build positions bots would exploit at restart. Timan confirmed he is working with CEXs like gate.io to upgrade their nodes and gateways so withdrawals can resume.
- James Sinkem thanked unpaid volunteers and past staff who fixed the network, saying it restored his bullishness.
- Pascal shared AI-based security audit findings with the fix team, which projectShift confirmed were appreciated.
- Daniel Offchain London and Vlad B noted that building an MVP on Radix with AI is quick, but finding users and profitability is the real challenge.
- Tibor P. questioned whether bounty programs ever work, while Nicolai | Sentura floated one to rebuild trust.
Coordinated the Eagle-Ray rollout, warned that CEX prices during the halt were sandbox traps, confirmed no rollbacks, and promised an official report once the situation is resolved.
Explained the staged validator upgrade was intentional — wanting well above 67% stake coordinated before restart — and praised the validator set's response as exemplary.
Reassured the community early in the week that the situation is recoverable and not abandoned, pushed back on accusations of 'lies,' and urged Spangular Directions to formalise his compensation idea as a community proposal.
Confirmed only Hyperlane-bridged assets were stolen, is working with CEXs to resume withdrawals, and urged anyone proposing ideas to produce an actual proposal rather than just talking.
Commented on bridging discussions, noting current solutions are just different flavours of wrapping — highlighting the fundamental limitation Hyperscale aims to solve.
No — the staged upgrade is intentional; they want well above 67% stake coordinated before restart to avoid another liveness break, and 95% of validators were already responsive.
Hava: Relief and stubborn defiance after a community-led network recovery, tempered by unresolved grief over stolen assets and a compensation debate that refuses to go quiet.