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KyberNetwork latest News
Keep up with what's happening in the crypto world in real-time.
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter's Address
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted by the hacking.
KyberSwap Attack Update: $2.5M in Ether Transferred to Ethereum Network
A decentralized exchange (DEX), KyberSwap, recently suffered a considerable security breach that resulted in substantial financial losses. In a new twist, the hacker behind the breach transferred much of the stolen money, almost $2.5 million in Ether, from Arbitrum to the Ethereum network.
KyberSwap Hacker Moves $2.5M in Stolen Funds to Ethereum
KyberSwap hacker shifts $2.5 million in stolen funds from Arbitrum to Ethereum, highlighting ongoing security challenges in the decentralized exchange space. KyberSwap's response includes offering grants to hack victims.
KyberSwap hacker bridges $2.5M in stolen funds to Ethereum
A wallet address linked to the KyberSwap exploiter was seen transferring $2.5 million from Arbitrum to Ethereum.
Kyber Network slashes workforce, Web3 hacks cost $1.8B in 2023: Finance Redefined
Web3 hacks and scams cost the ecosystem $1.83 billion in 2023 despite the amount of funds lost to exploits dropping by half compared with 2022.
Kyberswap Exploit Fallout: Platform's Workforce Cut by 50%
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help these workers secure new jobs in the Web3 space.
