Binance identifies KyberSwap hack suspects, involves law enforcement
Cointelegraph
Published Sep 03, 2022 05:31AM ET
Updated Sep 03, 2022 07:20AM ET
Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack.
On Sept. 1, Kyber Network succumbed to a frontend exploit, allowing the attacker to make away with $265,000 worth of user funds from KyberSwap. While investigations were underway, KyberSwap offered a 10% bounty — of roughly $40,000 — to the hacker as means to remediate the situation.
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Written By: Cointelegraph
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