KyberSwap Hacker Demands Company Control in Unhinged On-Chain Ransom Letter
The self-proclaimed "Kyber Director," who drained $48 million from KyberSwap, outlined their vision—including a purge of current leadership.
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The self-proclaimed "Kyber Director," who drained $48 million from KyberSwap, outlined their vision—including a purge of current leadership.
Kyber Network faces a critical decision as a hacker's December 10 deadline nears.
The hacker responsible for the $48 million KyberSwap heist has escalated their demands, now seeking complete executive control over the decentralized exchange (DEX). The hacker revealed the updated demands in an on-chain message sent on Nov. 30.
The hacker who stole millions from decentralized exchange aggregator KyberSwap has demanded full “executive control” of the “Kyber company.” The return of stolen funds is contingent on the KyberSwap management meeting their demands by Dec. 10x, which highlights a problem with decentralization in general.
The recent incident involving KyberSwap has caught the attention of the entire crypto community. A hacker managed to breach the platform's defenses, resulting in a theft of $46 million. However, the most striking aspect is the unusual conditions the hacker set for the return of the funds.
A black hat hacker proposed a takeover of KyberSwap's protocol with terms including a doubling of employee salaries and executive buyouts.
The KyberSwap hack has been well known by the entire crypto industry for many days, and the shocking demands of hackers are catching the attention of investors. The hacker behind the $46 million KyberSwap exploit has proposed an unusual deal by seeking complete executive control over the Kyber company.
The hacker responsible for draining $47 million from KyberSwap last week has demanded full control over Kyber in a bizarre on-chain message.
This audacious move includes temporary full authority over the governance mechanism and access to sensitive company information. Also, the surrender of all assets, and a promise to transform Kyber into an entirely new project.
The individual claiming responsibility for the hack on KyberSwap, a multi-chain decentralized exchange (DEX) aggregator, has issued a set of astonishing demands.
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.