23 Nov 202309:01
Project update
![KyberSwap (KNC) has been attacked for nearly $50 million](/_next/image?url=https%3A%2F%2Fcryptodiffer-image-bucket-production.s3.amazonaws.com%2F3e4a0c4f-1050-4cab-b18a-fa017a51b48f%2Fimage.png&w=3840&q=100)
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.
Source