KyberSwap Hacker Demands Full Control Of Kyber Operations
The KyberSwap hacker demands full control of the company for a $46 million return and sets a December 10 deadline. Coincu News
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The KyberSwap hacker demands full control of the company for a $46 million return and sets a December 10 deadline. Coincu News
The hacker demanded the surrender of all Kyber company assets, both on-chain and off-chain, including shares, equity and tokens.
The decentralized exchange (dex) platform, Kyberswap, recently found itself at the center of a cybersecurity storm, losing a staggering $47 million to a cunning hacker. As the dust settles, a unique twist emerges in this digital drama— the hacker's unexpected willingness to negotiate the return of the pilfered funds.
In the wake of Kyberswap, a decentralized exchange (dex) platform, suffering a $47 million loss due to a cyberattack, the perpetrator indicated a readiness to engage in negotiations. Yet, despite expressing an openness to resolution, the hacker lamented encountering primarily “received (mostly) threats, deadlines, and general unfriendliness.
The KyberSwap hacker has called for civility in a new online message to protocol execs.
The individual who orchestrated the theft of $47 million from the decentralized exchange protocol, KyberSwap, last week, has committed to issuing a statement regarding a potential agreement with the affected parties in the coming days.
In a surprising turn of events, the hacker responsible for the $46 million cryptocurrency theft from KyberSwap has issued a warning, urging KyberSwap executives and tokenholders to ease hostilities during negotiations. The hacker has threatened to delay negotiations unless a more civil atmosphere is established.
KyberSwap's negotiations with the hacker are on the brink of collapse due to escalating hostility and threats from both sides.
The hacker responsible for siphoning off $46 million from the decentralized exchange protocol KyberSwap last week has pledged to release a statement on a potential deal with the victims on Nov. 30.
In a surprising turn of events in the KyberSwap $50 million elastic pools exploit, the hacker responsible has voiced dissatisfaction with the KyberSwap team's approach, adding an unexpected layer to the ongoing drama.
The exploiter behind the $46 million KyberSwap hack says they plan to outline a treaty for the potential return of funds on Nov. 30, but not if threats and hostilities from execs keep up.
The hacker responsible for draining $47 million from KyberSwap last week pledged to release a statement on a potential deal with victims.
Bot operators had agreed to return 90% of funds to a specified KyberSwap address on Polygon, receiving a 10% bounty incentive.
KyberSwap has stated that it will continue to cooperate with law enforcement and cybersecurity experts to recover user funds and track down the perpetrators of the attack.
KyberSwap, the decentralized exchange protocol, managed to recover $4.67 million after facing a recent security attack that resulted in the loss of $47 million from its concentrated liquidity pools last week.
Decentralized exchange protocol KyberSwap has recovered approximately $4.67 million in funds following a recent security attack.
KyberSwap Elastic, a vital project of the Kyber network, brings encouraging news to its users. The team has made significant progress in its recovery journey, successfully reclaiming approximately $5.7 million in stolen cryptocurrency. This achievement highlights KyberSwap Elastic's commitment to its users and its resilience to digital security challenges.
Kyber Network said on Nov. 22 that Kyberswap Elastic “experienced a security incident” in which crypto assets worth more than $45 million were stolen. Kyber Network said it was investigating the incident and urged all “users to promptly withdraw their funds.
The Ethereum-based multi-chain platform has offered a time-bound white hat bounty to recover assets following the recent hack.
In a dramatic turn of events in the decentralized finance world, KyberSwap, a prominent decentralized exchange, has found itself at the epicenter of a sophisticated heist. On November 22, the platform experienced a massive security breach, resulting in the loss of $46 million.
Australia's tax regulator did not clarify whether investors must pay taxes on liquid staking or transfer to layer-2 bridges.
Some victims of the $48 million KyberSwap hack are no doubt waiting anxiously for the DeFi platform's attacker to make their next move.
Decentralized exchange KyberSwap publicly offered a 10% bounty to an unidentified hacker responsible for a cyber heist, in which funds worth over $50 million were siphoned off. The offer was communicated through a message from a contract deployer wallet associated with KyberSwap.
KyberSwap, a decentralized exchange (DEX) running on the Ethereum blockchain, was hacked on November 22, losing about $50 million worth of crypto assets from its liquidity pools. The hacker exploited a vulnerability in the DEX's smart contract that allowed them to create an “infinite money glitch” and drain the funds.