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Crypto Token Development, White Paper, Blockhain img News img Tech img

Hacker stole $48 million from Kyberswap DEX

Nov 23, 2023
Tech
The decentralized exchange Kyberswap was attacked by a hacker and as a result almost $50 million of $80 million was stolen. It is assumed that the attack was aimed at pools of liquidity providers.
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In this regard, the company’s representatives recommend that users withdraw all funds for security purposes. Negotiations with the attacker will begin in the near future.

The stolen funds were mainly ETH and USDC. The attacker also made several Kyberswap internetwork deployments, receiving more than $20 million from Arbitrum, $15 million from Optimism and $7 million from Ethereum.

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