KyberSwap Elastic Exploited, DEX Drained of $46M
KyberSwap, a decentralized exchange (DEX), suffered an exploit, resulting in the loss of approximately $46 million worth of funds.
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KyberSwap, a decentralized exchange (DEX), suffered an exploit, resulting in the loss of approximately $46 million worth of funds.
Decentralized Exchange had over $80 million in total value locked before the incident.
The DEX aggregator has been exploited across multiple blockchains with millions in wrapped Ether and other assets stolen.
Decentralized exchange protocol KyberSwap appears to have suffered a $47 million exploit, according to on-chain data.
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Chronos, Arbitrum's AMM protocol, has been incorporated into KyberSwap, a decentralized trading platform backed by the Kyber Network protocol.
Kyber Network has advised liquidity providers to remove their funds due to a potential vulnerability in the Kyberswap Elastic decentralized crypto exchange. No funds have been lost, and farming rewards have been temporarily suspended until a new smart contract can be deployed.
KyberSwap Elastic, according to its own documentation, is a decentralized exchange (DEX) that allows LPs to provide "concentrated liquidity."
Kyberswap Will Launch The Elastic Contract Upgrade At 4:00 PM Today
Kyber Network, a popular decentralized finance (DeFi) protocol, warned users of a possible security vulnerability in its Elastic platform, urging them to withdraw their funds as a precautionary measure. The team assured users that investigations are ongoing and no user funds have been lost.
Kyber Network, a decentralized finance (DeFi) protocol, has urged the liquidity providers (LPs) on its KyberSwap Elastic decentralized exchange to withdraw their funds due to a possible vulnerability in the exchange's contract.
The developer stated that so far, no funds have been lost.
DeFi protocol Kyber Network announced a “potential vulnerability” on its automated market maker (AMM) platform KyberSwap Elastic on Monday.
Kyber Network, a popular decentralized exchange, has announced that they have identified a potential vulnerability in their KyberSwap Elastic Liquidity feature.
Kyber Network asked the liquidity providers of KyberSwap Elastic to withdraw the fund as it discovered a potential vulnerability.
Kyber Network, a popular decentralized finance protocol, has issued a warning to users who may have have funds deposited in its Elastic platform.
Decentralized finance (DeFi) protocol Kyber Network has advised liquidity providers on its Elastic product to withdraw funds after finding a potential vulnerability, it said in a tweet.
Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.
Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.
Ho Chi Minh City, Vietnam, 22nd March 2023, Chainwire Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.
This is huge! KyberSwap is launching a bunch of very lucrative, first ever offers on Arbitrum.
This is huge! KyberSwap is launching a bunch of very lucrative, first time offers on Arbitrum.
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