🌋 KyberSwap Offers 10% Bounty to Hacker in $47 Million Exploit

posted  24 Nov 2023
Photo - KyberSwap Offers 10% Bounty to Hacker in $47 Million Exploit
This week attack targeted KyberSwap’s Elastic pools, impacting funds across various blockchains, including Arbitrum, Ethereum, Polygon, Optimism, and Base.
This week attack targeted KyberSwap’s Elastic pools, impacting funds across various blockchains, including Arbitrum, Ethereum, Polygon, Optimism, and Base.

Prior to the attack, the hacker left a message on the blockchain expressing interest in negotiations with the KyberSwap team:

“Dear Kyberswap Developers, Employees, DAO members, and LPs, negotiations will start in a few hours when I am fully rested. Thank you.”

KyberSwap proposed a deal:

“You have executed one of the most sophisticated hack. Everyone missed it. You can return 90% of the funds by 6 AM UTC on November 25th, or remain on the run.”