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Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss

Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss

KyberSwap suffered a $46 million loss due to a flaw in its smart contract, highlighting vulnerabilities in DeFi smart contracts and the need for improved security protocols.

Kyber Network Advises Removal of Funds Amid Potential Vulnerability

Kyber Network Advises Removal of Funds Amid Potential Vulnerability

Kyber Network has advised liquidity providers to remove their funds due to a potential vulnerability in the Kyberswap Elastic decentralized crypto exchange. No funds have been lost, and farming rewards have been temporarily suspended until a new smart contract can be deployed.

KyberSwap's Response to $48.8 Million Hack: Workforce Halved and Victim Reimbursement Plans

KyberSwap's Response to $48.8 Million Hack: Workforce Halved and Victim Reimbursement Plans

KyberSwap, after a $48.8M hack, has halved its workforce and launched a reimbursement plan for affected users, showcasing the resilience of DeFi.

KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum

KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum

Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.

Two Suspects Uncovered by Binance in Connection to KyberSwap Frontend Attack

Two Suspects Uncovered by Binance in Connection to KyberSwap Frontend Attack

Binance might have successfully uncovered the brains behind the KyberSwap frontend hack, which was perpetrated last Thursday.

Hacker Steals $265,000 in User Funds from KyberSwap

Hacker Steals $265,000 in User Funds from KyberSwap

KyberSwap announced that $265,000 in user funds were stolen after a hacker exploited the multichain DEX aggregator's front end.

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