Binance CEO Changpeng Zhao (CZ) updated the KyberSwap hack, disclosing that his company’s security team has identified two suspects.
Binance CEO said the firm’s security team had identified two suspects in Thursday’s KyberSwap hack:
In response to a tweet praising the exchange’s activities and characterizing it as the crypto space’s big brother, the CEO of KyberSwap stated:
KyberSwap is a multichain DEX aggregator hacked on the front end, resulting in the theft of $265,000 in user assets. The Kyber team informed victims of the hack that they would be paid for any monies lost and offered the hacker a 15% bounty if the funds were restored.
The exploit was stopped around two hours after the team started investigating. It advised consumers to exercise caution when utilizing its platform.
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