The hacker responsible for the $46 million crypto theft against KyberSwap has issued a warning to the company’s executives and tokenholders. In an on-chain message, the hacker stated that they plan to release a statement regarding a potential treaty with KyberSwap, but only if hostilities cease. The hacker expressed frustration with the executive team’s unfriendliness and threats, and cautioned that negotiations may be postponed until a later date when everyone is more civil. KyberSwap initially proposed a bounty deal where the hacker would return 90% of the funds, but later threatened legal action when the hacker did not comply. The team behind KyberSwap has already recovered $4.67 million from the exploit, and is awaiting the hacker’s proposed treaty. The hack involved an “infinite money glitch” and a carefully engineered smart contract exploit across multiple networks. KyberSwap operates on Kyber Network, a blockchain-based liquidity hub.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | negative |
| Relevance Score | 1 |
| People | None |
| Companies | Polygon, Kyber Network, KyberSwap, Ethereum, Avalanche |
| Currencies | Optimism, Arbitrum, Polygon, Ethereum, Avalanche |
| Securities | None |
