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Kyber Network has announced that it has reached a deal with the owners of frontrun bots. The KyberSwap team has finalized a bounty of 10% for them in exchange for 90% of the stolen funds. The hackers were able to extract approximately $5.7 million...
Kyberswap, a decentralized exchange operating within the Kyber Network, fell victim to a substantial security breach on November 23. The aftermath saw the loss of around $46 million in various crypto assets, impacting multiple networks, including...
Coinspeaker
DEX Platform KyberSwap Faces Exploit Losing $47M
Kyber Network has asked all of its users to promptly withdraw all their funds without clicking on any suspicious links or DMs.
DEX Platform KyberSwap Faces Exploit Losing $47M
KyberSwap has asked its customers to withdraw their funds as soon as possible. The post published on X, formerly Twitter, has clearly laid that out by calling it a precautionary measure. KyberSwap is conducting the investigation, and it could take a...
Decentralized exchange (DEX) protocol KyberSwap has been hacked for $47 million. The attacker drained $20 million in WETH, $4 million ARB and $7 million wstETH. KNC price fell to $0.72 while TVL plunged to $13.6 million. DEX platform KyberSwap has...
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