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BTC $63,911.79 -1.92%
ETH $1,875.01 -2.37%
BNB $599.96 -1.37%
XRP $1.01 -2.13%
SOL $75.97 -1.59%
TRX $0.3307 +0.35%
DOGE $0.0697 -0.94%
ADA $0.1931 -2.19%
BCH $213.33 -1.46%
LINK $8.26 -0.60%
HYPE $55.33 +1.29%
AAVE $89.75 -1.47%
SUI $0.6909 -0.94%
XLM $0.1626 +0.42%
ZEC $499.14 -3.17%

KyberSwap Elastic was attacked, resulting in a theft of approximately $47 million. All users are advised to withdraw their funds immediately

2023-11-23 08:12:40

ChainCatcher news, the on-chain liquidity protocol Kyber Network announced that KyberSwap Elastic has encountered a security incident. As a precaution, it is strongly recommended that all users withdraw their funds immediately. The team is investigating the situation seriously and promises to provide regular updates.

Among them, X platform user Spreek disclosed that the DEX aggregator and liquidity platform KyberSwap has experienced unusually large outflows on multiple chains, suspected to be under attack, with a total amount stolen currently estimated at about $47 million. These funds include $20.7 million on Arbitrum, $15 million on Optimism, $7 million on Ethereum, $3 million on Polygon, and $2 million on Base.

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