Kyber Network team recovers $265,000 stolen during hack
- September 6, 2022
- 0
The developers of the Kyber Network protocol eliminated the attack vector on the DEX KyberSwap and compensated the damage in the amount of damage. 265 000 USDC. 1/
The developers of the Kyber Network protocol eliminated the attack vector on the DEX KyberSwap and compensated the damage in the amount of damage. 265 000 USDC.
1/ Temporary Update: Hack Removed, KyberSwap Safe and Next Steps
On September 2, we shared the discovery of our front-end vulnerability on KyberSwaphttps://t.co/6XIXPhyfscWe can provide some temporary, official and positive updates today ⬇️
— Kyber Network (@KyberNetwork) 6 September 2022
“The attack was neutralized at 16:34 pm (GMT +7) on September 1, 2022. The attack vector was successfully detected and eliminated on September 4, 2022,” he said.
According to the report, the incident affected two addresses. One of them was fully compensated for the damage.
5/ Currently there were only 2 affected wallets that were consolidated.
✅1 all funds fully compensated
✅Other wallet successfully revoked confirmation before losing any money
✅No other wallets will be affected or lost money as a result of this exploit.— Kyber Network (@KyberNetwork) 6 September 2022
“The second wallet sanctioned the malicious script and successfully canceled it before losing any funds,” Kyber Network said.
Recall that on September 1, hackers hacked the external interface of KyberSwap at the front-end level. Developers found malicious code in tool Google Tag Manager.
The exploit added a fake confirmation for the transaction, allowing the attackers to withdraw the user’s money to their address.
Previously FBI It has issued a warning about the most common vulnerabilities used by cybercriminals to attack DeFi platforms.
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