🌋 KyberSwap Offers 10% Bounty to Hacker in $47 Million Exploit

posted  24 Nov 2023
Photo - KyberSwap Offers 10% Bounty to Hacker in $47 Million Exploit
This week attack targeted KyberSwap’s Elastic pools, impacting funds across various blockchains, including Arbitrum, Ethereum, Polygon, Optimism, and Base.

Prior to the attack, the hacker left a message on the blockchain expressing interest in negotiations with the KyberSwap team:

“Dear Kyberswap Developers, Employees, DAO members, and LPs, negotiations will start in a few hours when I am fully rested. Thank you.”

KyberSwap proposed a deal:

“You have executed one of the most sophisticated hack. Everyone missed it. You can return 90% of the funds by 6 AM UTC on November 25th, or remain on the run.”