23 Nov 202309:01
Project update

KyberSwap (KNC) has been attacked for nearly $50 million
On-chain data shows that the hacker is stealing funds mostly in ETH, wETH and USDC. The attacker took over $20M on Arbitrum, $15M on Optimism, and $7M on Ethereum. The DEX currently has $8.53 million in TVL according to DeFiLlama, down from approximately $80 million before the attack.
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