• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
KyberSwap hacker pledges to elucidate a potential accord in the days ahead

KyberSwap hacker pledges to elucidate a potential accord in the days ahead

user avatar

by Max Nevskyi

2 years ago


The individual responsible for siphoning $47 million from the decentralized exchange protocol KyberSwap just last week has made a commitment to issue a statement regarding a potential agreement with the victims in the coming week.

The identity of this hacker remains undisclosed, but on November 28, they embedded a message into an Ethereum transaction, indicating their intention to announce a "treaty" on November 30.

I said I was willing to negotiate. In return, I have received (mostly) threats, deadlines, and general unfriendliness from the executive team. That's ok, I don't mind.hacker wrote.

If the situation continues to be confrontational, we have the option to postpone our meeting to a later date when a more amicable atmosphere prevails. Your indication of willingness is all that's required. If not, we will adhere to the original plan on November 30th.

This cryptic message has emerged approximately one week following the mysterious disappearance of $47 million from KyberSwap's Elastic Pools liquidity solution. In response to the incident, KyberSwap promptly recommended that all users withdraw their funds. Subsequently, the platform announced a 10% reward for the individual responsible for the exploit, who had previously left an encoded message in blockchain data, indicating that negotiations would commence after they had "fully rested."

In a recent statement, the KyberSwap team disclosed that they have successfully recovered $4.7 million.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Trump Pressures Federal Reserve for Rate Cuts Amid Economic Concerns

chest

Former President Donald Trump is pressuring the Federal Reserve to cut interest rates, arguing that high rates are hindering economic growth as inflation decreases.

user avatarLuis Flores

Coinbase CEO Denies White House Conflict Over CLARITY Act

chest

Brian Armstrong, CEO of Coinbase, denied claims of a conflict with the White House over the CLARITY Act, emphasizing constructive discussions while noting Coinbase's withdrawal from current bill drafts has delayed legislation.

user avatarArif Mukhtar

Speculation on Solana's Nonnative Asset Listings Raises Questions

chest

Recent speculation suggests potential listings of nonnative assets on Solana, but lacks official confirmation.

user avatarMaria Gutierrez

Nigerian SEC and NPF Collaborate to Combat Crypto Fraud

chest

The SEC and NPF are joining forces to address the rising issue of cryptocurrency fraud in Nigeria.

user avatarDavid Robinson

Ethena Price Gains Momentum with Major Listings

chest

Ethena is experiencing a price rally, supported by significant listings and institutional interest.

user avatarJacob Williams

Solana Price Remains Steady Amid Major Upgrades

chest

Solana's price remains steady despite a slight dip, reflecting strong network activity and institutional confidence, bolstered by the Firedancer upgrade and upcoming SKR token airdrop.

user avatarAndrew Smith

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.