Decentralized network that was hacked for approximately $50 million on November 22 cryptocurrency stock exchange KyberSwap is currently negotiating a bounty offer with the hacker.
at this point KyberSwap offers a 10% reward to the hacker to return the stolen funds.
In an on-chain message KyberSwap sent to the hacker, He stated that he must return 90% of the stolen funds to a specific address by 6 a.m. on November 25, and that if he returns, 10% of the stolen funds (approximately $4.7 million) will be given as a reward.
This reward offer was made after the hacker previously left a message stating that he wanted to negotiate with the team.
Because in the hacker message “Dear Kyberswap Developers, Employees, DAO members and LPs, discussions regarding funds will begin once I am fully heard. Thank you.” he said.
As you may remember, the attack that took place at the beginning of this week targeted KyberSwap’s Elastic pools. Arbitrum (ARB), Optimism (OP), Ethereum (ETH), Polygon (MATIC) and Base It resulted in the theft of $50 million in funds across multiple blockchains, including
*This is not investment advice.
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