Bitcoin News / Bitcoin.com - 8 months ago
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unve...
Bitcoin News / Bitcoin.com - 10 months ago
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help...
Cryptocoins News / Blockchain - 10 months ago
KyberSwap, after a $48.8M hack, has halved its workforce and launched a reimbursement plan for affected users, showcasing the resilience of DeFi. (Read More)
Cryptocoins News / CoinJournal - 10 months ago
Recent DEX exploits ignite demand for secure investment platforms.
Pullix revolutionizes online trading, integrates crypto, anonymity, and security.
Beyond a digital currency, Pullix’s PLX token ensures rewards and economic stability.
The dec...
Bitcoin News / Bitcoinist - 11 months ago
The management of the embattled decentralized exchange KyberSwap has made plans to compensate victims of the protocol’s $ 54.7 million exploit. This development comes a few days after the hacker behind the incident demanded full control over the prot...
Cryptocoins News / The Cointelegraph - 11 months ago
The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security br...
Cryptocoins News / The Cointelegraph - 11 months ago
Law firm Cadena Legal said that the guidance released by the Australian Taxation Office is “non-binding” and must be treated as “toilet paper.”...
Bitcoin News / Bitcoinist - 11 months ago
In a targeted exploit, decentralized exchange (DEX) aggregator and liquidity protocol KyberSwap, which serves as the main protocol in the Kyber Network’s liquidity hub, suffered a significant security breach.
On November 23, 2023, KyberSwap wa...
Cryptocoins News / The Cointelegraph - 11 months ago
The hacker demanded the surrender of all Kyber company assets, both on-chain and off-chain, including shares, equity and tokens....
Bitcoin News / Bitcoin.com - 11 months ago
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 lamen...
Cryptocoins News / The Cointelegraph - 11 months ago
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....
Cryptocoins News / The Cointelegraph - 11 months ago
Australia’s tax regulator did not clarify whether investors must pay taxes on liquid staking or transfer to layer-2 bridges. Welcome to Finance Redefined, your weekly...
Cryptocoins News / CoinJournal - 11 months ago
KyberSwap is yet to get back the $7 million that was stolen on November 22.
The decentralized exchange has offered a 10% bounty to the hacker in a bid to get the funds back.
Security firm Beosin unveils the intricacies of the exploit, attributing th...
Cryptocoins News / The Cointelegraph - 11 months ago
“On the table is a bounty equivalent to 10% of users’ funds taken from them by your hack,” said KyberSwap to its hacker in an on-chain message. The decentralized excha...
Cryptocoins News / Blockchain - 11 months ago
KyberSwap suffered a $46 million loss due to a flaw in its smart contract, highlighting vulnerabilities in DeFi smart contracts and the need for improved security protocols. (Read More)
Cryptocoins News / The Cointelegraph - 11 months ago
By exploiting a bug, the attacker caused liquidity to be “double-counted,” allowing them to get an unfair price for a swap. The attacker who drained $46 million from K...
Bitcoin News / Bitcoinist - 11 months ago
Decentralized exchange (DEX) KyberSwap has become the latest decentralized finance (DeFi) protocol to fall victim to the activities of hackers. According to reports on Wednesday night, the DEX was exploited across multiple chains and drained of aroun...
Cryptocoins News / CoinJournal - 11 months ago
Decentralized exchange (DEX) protocol KyberSwap has been hacked for $47 million.
The attacker drained $20 million in WETH, $4 million ARB and $7 million wstETH.&
KNC price fell to $0.72 while TVL plunged to $13.6 million.
DEX platform KyberSwa...
Cryptocoins News / The Cointelegraph - 11 months ago
The DEX aggregator has been exploited across multiple blockchains, with millions in Wrapped Ether and other assets stolen. Around $46 million in various crypto assets...
Bitcoin News / Bitcoin.com - 1 year ago
KyberSwap, a leading decentralized exchange has unveiled KyberAI, a suite of AI-powered crypto tools poised to reshape how traders navigate the dynamic landscape of decentralized finance. KyberAI was developed to address the pressing need for predict...
Bitcoin News / Bitcoin.com - 1 year ago
Kyber Network, a pioneer in the decentralised finance (DeFI) space, is excited to announce the deployment of its flagship product, KyberSwap, on zkSync Era. The deployment of KyberSwap Aggregator and Classic Liquidity Protocols on zkSync marks the 14...
Bitcoin News / Bitcoin.com - 1 year ago
KyberSwap, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated liquidity and full...
Cryptocoins News / The Cointelegraph - 1 year ago
Only Kyberswap Elastic funds are said to be at risk, with the developer stating that so far, no funds have been lost. Kyber Network, the developer of the Kyberswap Ela...
Cryptocoins News / CoinJournal - 1 year ago
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.
On March 16, Ethereum...