• 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

Ornith10: Tailored for Agentic Coding, Not General AI

chest

Ornith10 is specifically designed for agentic coding tasks, making it unsuitable for general-purpose AI applications.

user avatarKaterina Papadopoulou

DeepReinforce Unveils Ornith10: A Breakthrough in Open Source Coding Models

chest

DeepReinforce has launched Ornith10, a family of open-source coding models available in four sizes, optimized for agentic coding tasks.

user avatarMaya Lundqvist

New Report on Market and Onchain Data Released

chest

A report based on publicly available market and onchain data has been published. This report aims to provide insights into current market trends and dynamics.

user avatarLeo van der Veen

Cryip Emphasizes Commitment to Quality Reporting

chest

Cryip has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarLi Weicheng

Beincrypto's Commitment to Editorial Integrity

chest

Beincrypto has released a report highlighting its strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarAisha Farooq

Dailycoin Emphasizes Strict Editorial Policy

chest

Dailycoin emphasizes its strict editorial policy prioritizing accuracy and impartiality.

user avatarTenzin Dorje

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.