• 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

Solana's price steadies and seeks to rebound.

chest

Solana's price has shown signs of recovery after finding support at 8350, but faces resistance below 8850.

user avatarLeo van der Veen

Ethereum Faces Sustained Selling Pressure Amid Market Analysis

chest

Ethereum has lost over 12% of its value in the past ten days due to consistent selling pressure.

user avatarAisha Farooq

Coinbase Enhances Compliance Workflows with AI Integration

chest

Coinbase has integrated AI into its compliance workflows, achieving a 90% improvement in restriction resolution time, but resulting in approximately 700 layoffs.

user avatarLi Weicheng

Market Analyst Cautions on HYPE and Zcash's Recent Performance

chest

Technical analyst Ali Martinez warns of potential downside risks for HYPE and Zcash after recent surges, indicating possible price corrections.

user avatarTenzin Dorje

Bitcoin Coinbase Premium Index Stays Negative Amid Price Fluctuations

chest

The Bitcoin Coinbase Premium Index remains negative despite Bitcoin's price recovery towards $78,000, indicating a lack of buying pressure from Coinbase users.

user avatarBayarjavkhlan Ganbaatar

XRP Achieves Record Growth in Real World Asset Sector

chest

XRP has surpassed Ethereum and Solana in Real World Asset (RWA) growth, achieving a remarkable increase in market value.

user avatarMohamed Farouk

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.