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Kyber Network Has Been Hacked. Users are Advised to Promptly Withdraw Funds Now. $45m Loss and Counting

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by COINS NEWS 96 Views

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Dear KyberSwap Elastic Users, We regret to inform you that KyberSwap Elastic has experienced a security incident.

As a precautionary measure, we strongly advise all users to promptly withdraw their funds. Our team is diligently investigating the situation, and we commit to keeping you informed with regular updates.

Thank you for your understanding and cooperation during this challenging time.

https://x.com/kybernetwork/status/1727475235342217682?s=46&t=GpWP0EdHqBeMteYaGqJP1g

https://etherscan.io/tx/0x396a83df7361519416a6dc960d394e689dd0f158095cbc6a6c387640716f5475

I was able to remove liquidity and withdraw funds just fine and didn’t suffer any losses thank god, but there’s a bunch of folks claiming they are unable too.

submitted by /u/conceiv3d-in-lib3rty
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