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  Posted by u/ 10 months ago

DEX protocol KyberSwap hacked for $47 million

Decentralized exchange (DEX) protocol KyberSwap has been hacked for $47 million. The attacker drained $20 million in WETH, $4 million ARB and $7 million wstETH.  KNC price fell to $0.72 while TVL plunged to $13.6 million. DEX platform KyberSwap has been hacked, with approximately $47 million worth of crypto assets drained from its liquidity pools.  […]

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