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KyberSwap Elastic was attacked, resulting in a theft of approximately $47 million. All users are advised to withdraw their funds immediately

2023-11-23 08:12:40
Collection

ChainCatcher news, the on-chain liquidity protocol Kyber Network announced that KyberSwap Elastic has encountered a security incident. As a precaution, it is strongly recommended that all users withdraw their funds immediately. The team is investigating the situation seriously and promises to provide regular updates.

Among them, X platform user Spreek disclosed that the DEX aggregator and liquidity platform KyberSwap has experienced unusually large outflows on multiple chains, suspected to be under attack, with a total amount stolen currently estimated at about $47 million. These funds include $20.7 million on Arbitrum, $15 million on Optimism, $7 million on Ethereum, $3 million on Polygon, and $2 million on Base.

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