KyberSwap Offers 10% Bounty to Hacker Who Stole $50 Million!
The post KyberSwap Offers 10% Bounty to Hacker Who Stole $50 Million! appeared first on Coinpedia Fintech News
KyberSwap has reached out to the hacker who stole $50 million in a recent attack, proposing a bounty of 10% of the funds taken from users in exchange for the safe return of all stolen funds. The attack targeted KyberSwap’s liquidity pools and left the DEX with a total value locked (TVL) of just $7.78 million, down from around $80 million before the incident. The DAO gave the hacker until Nov. 25, 06:00 UTC, to accept the offer. This trend of hackers teasing their victims via signing transactions with strings of text is becoming increasingly common in decentralized finance exploits, and it provides a way for protocol teams to negotiate with their attackers.
