• 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

Hong Kong Proposes Crypto Insurance Investment Framework

chest

The Hong Kong Insurance Authority has proposed a framework allowing insurers to invest in cryptocurrencies, aiming to position the city as a global digital finance hub.

user avatarLuis Flores

Impending QE Could Catalyze a Supercycle for Altcoins

chest

Technical analyst ChartNerdTA suggests that impending quantitative easing (QE) could catalyze a recovery in the altcoin market by 2026, potentially leading to significant rebounds in altcoin values.

user avatarArif Mukhtar

Kaspersky Uncovers New Stealka Malware Targeting Cryptocurrency

chest

Kaspersky experts have discovered a new malware called Stealka that spreads via pirated Roblox mods and targets cryptocurrency wallets on Windows systems.

user avatarMaria Gutierrez

Kaspersky Uncovers New Malware Stealka Targeting Crypto Users

chest

Kaspersky has discovered a new infostealer malware named Stealka that targets crypto wallets and browser extensions by disguising itself as game cheats and mods.

user avatarAndrew Smith

US Federal Reserve Proposes Limited Access for Crypto Firms

chest

The US Federal Reserve has introduced a proposal for a 'skinny master account' that may allow limited access for crypto firms like Ripple and Circle, aiming to streamline payment processes while managing risks.

user avatarDavid Robinson

Ethereum Price Shows Signs of Recovery Above 2,950

chest

Ethereum price is recovering and consolidating above 2,950, with potential resistance at 3,050.

user avatarJacob Williams

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.