KyberSwap suffers multichain exploit, resulting in $45m loss
The Kyber Network team has confirmed the incident, urging users to promptly withdraw their funds. Decentralized exchange protocol KyberSwap has allegedly suffered a hacker attack as more than $45 million worth of crypto has been drained from the project across multiple networks. Urgent Dear KyberSwap Elastic Users, We regret to inform you that KyberSwap Elastic has experienced a security incident. As a precautionary measure, we strongly advise all users to promptly withdraw their funds. Our team is diligently investigating the situation, and we… — Kyber Network (@KyberNetwork) November 22, 2023 The Kyber Network team has confirmed the incident in an X post, advising users to “promptly withdraw their funds.” The team also noted that KyberSwap’s aggregator “is not impacted and is operating fully as normal.” Kyberswap appears to have suffered from an exploit involving their liquidity pools. The issue does not appear to affect their router contra...