{"id":37182,"date":"2023-11-26T04:36:55","date_gmt":"2023-11-26T04:36:55","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/kyberswap-hacker-offers-4-6m-bounty-for-return-of-46m-loot\/"},"modified":"2023-11-26T04:36:56","modified_gmt":"2023-11-26T04:36:56","slug":"kyberswap-hacker-offers-4-6m-bounty-for-return-of-46m-loot","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=37182","title":{"rendered":"KyberSwap hacker offers $4.6M bounty for return of $46M loot"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\"><\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>The decentralized exchange KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange wants 90% of the loot returned by 6 am UTC on Nov. 25.<\/p>\n<p>On Nov. 23, KyberSwap alerted users that its liquidity solution, KyberSwap <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Elastic <\/span><\/span> (NYSE:), was compromised and advised them to withdraw funds. In the meantime, on Nov. 22, the hacker made away with roughly $20 million in Wrapped Ether (wETH), $7 million in wrapped Lido-staked Ether (wstETH) and $4 million in Arbitrum (ARB) tokens. The hacker then siphoned the loot across multiple chains, including Arbitrum, Optimism, , Polygon and Base.<\/p>\n<figure><figcaption style=\"text-align: center;\"><em>KyberSwap hacker shared his openness to negotiate a compromise. Source: etherscan.io<\/em><\/figcaption><\/figure>\n<figure><figcaption style=\"text-align: center;\"><em>KyberSwap team responded to the hacker and offered a 10% bounty. Source: etherscan.io<\/em><\/figcaption><\/figure>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<p>Continue Reading on Cointelegraph<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/cryptocurrency-news\/kyberswap-hacker-offers-46m-bounty-for-return-of-46m-loot-3243130\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decentralized exchange KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange wants 90% of the loot returned by 6 am UTC on Nov. 25. On Nov. 23, KyberSwap alerted users that its liquidity solution, KyberSwap Elastic (NYSE:), was<\/p>\n","protected":false},"author":1,"featured_media":18230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[32],"class_list":{"0":"post-37182","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing","8":"tag-featured"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KyberSwap hacker offers $4.6M bounty for return of $46M loot | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"The decentralized exchange KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. 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