Just under a month ago, the Kyber Network DeFi platform was hacked by an unknown party who made off with $46 million worth of stolen assets – mostly in the form of DAI, WETH, and ARB.
Failed Negotiation Attempts
The attack – which was carried out by a hacker who explained the steps they took in a humorous tone – and the subsequent user asset migration brought the platform’s TVL to only $7.6 million. Before the incident, this figure hovered around $86 million.
After threatening to postpone negotiations due to a lack of deference shown by the Kyber team, the attacker made their offer – a complete buyout of the platform at a fair valuation.
“You haven’t done anything wrong. It was just bad luck. […] I know this is probably less than what you wanted. However, it is also more than you deserve.”
Naturally, this proposition was denied. Until now, other attempts at retrieving the funds have also been unsuccessful. As a result, Kyber Network must now reimburse users out of poc
We współpracy z: https://cryptopotato.com/kyber-network-lays-off-half-of-its-staff/
