KyberSwap, reeling from a $54.7 million hack, plans victim compensation amidst a hacker's ultimatum. Kyber Network, the parent company, vows collaboration with authorities and remains steadfast in pursuing the hacker.
Sanya
JinseFinanceJinseFinanceKyberSwap's unfortunate fall to a $50 million DeFi hack underscores the persistent challenges faced by decentralized platforms in safeguarding user assets. The aftermath sees users scrambling to secure their holdings, and the protocol grappling with a significant reduction in Total Value Locked. The hacker's bold message adds a layer of uncertainty, signaling potential negotiations in the aftermath of the exploit.
Huang BoKyberSwap, a decentralised exchange spanning 15 blockchains, grapples with a significant $48 million security breach, prompting urgent user fund withdrawals and raising concerns about the vulnerability of liquidity providers across various DeFi platforms.
JasperThe attacker appears to convert the illicitly gained funds around the same time every day.
CoindeskAvraham Eisenberg defended his actions after returning $67 million. The Mango DAO plans to vote on how to divvy up the funds next week.
CoindeskVictor Tran sets goal for KyberSwap to be #1 privacy focused exchange while discussing the future of DeFi at Token2049.
BitcoinistLido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance ...
BitcoinistThe decentralized exchange has migrated to Arbitrum to help users deal with Ethereum network congestion and expensive gas fees.
Cointelegraph