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Kyber Network Exploiter Resurfaces After 7 Months Of Inactivity!

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By on October 22, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Kyber Network Exploiter Resurfaces After 7 Months Of Inactivity! appeared first on Coinpedia Fintech News

Reportedly, on 23rd October 2023, this exploiter hacked the Kyber Network. During this hack, the exploiter stole $48.3 million in crypto assets across multiple networks. These networks included Arbitrum, Optimism, Ethereum, Polygon, and Base. Moreover, till today, the exploiter has laundered a total of 7,200 ETH tokens worth $17.23 million through Tornado Cash. with this, the exploiter is left with around 12,306 Ethereum tokens worth $32.2 million. Notably, this is held across 16 different wallet addresses.

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