• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The hacker who hacked KyberSwap moved $2.5 million to the Ethereum network

The hacker who hacked KyberSwap moved $2.5 million to the Ethereum network

user avatar

by Max Nevskyi

2 years ago


ETH (approximately $2.5 million at the current exchange rate) from the Arbitrum network to the Ethereum network. In addition, the transfer of 826,500 DAI to another wallet was noticed.

Representatives of PeckShield were unable to establish the purpose of this transfer of funds by the owner of the wallet. It is noted that over the past few months, the activity of this address has been minimal.

Recall that in November, KyberSwap was the victim of a hacker attack worth more than $ 40 million. Thanks to negotiations with frontrunner bot operators, who withdrew about $5.7 million from cryptocurrency pools, $4.67 million was returned.

Subsequently, the attacker made several demands, including full control over the project, including access to documentation and data related to profits and assets.

Due to the hacking, KyberSwap management had to cut 50% of its employees. In addition, initiatives on the liquidity protocol and the KyberAI project have been temporarily suspended.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

China Introduces New Guidelines for Crypto Money Laundering Prosecutions

chest

An article outlines a framework for prosecuting crypto money laundering in China, proposing presumptions of criminal intent and a national platform for seized cryptocurrency.

user avatarDiego Alvarez

Bitcoin Reaches New High Before Major Decline

chest

Bitcoin reached an all-time high of $126,080 in October 2025 but has since seen a nearly 50% decline.

user avatarKenji Takahashi

Cryptocurrency Market Faces Bear Territory Amid Economic Uncertainties

chest

The cryptocurrency market has faced significant challenges, entering bear territory due to macroeconomic uncertainties and geopolitical tensions.

user avatarMaria Fernandez

Dedollarization Gains Momentum in Developing Countries

chest

Emerging economies, led by Russia, are increasingly focusing on dedollarization to strengthen their local currencies in the forex markets.

user avatarGustavo Mendoza

Russia and India Strengthen Bilateral Trade Deal

chest

Russia and India are accelerating their bilateral trade deal aimed at reaching a $100 billion target by 2030, focusing on local currency transactions.

user avatarRajesh Kumar

Kraken Enhances Crypto Trading with Tether Gold Listing

chest

Kraken has recently added Tether Gold to its trading menu, providing traders with enhanced options for commodity-backed assets within the crypto market.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.