DeFi Platform Kyber Network Discloses $265K Exploit of KyberSwap, Vows to Reimburse All Funds

Axie Infinity Developer Sky Mavis to Reimburse Victims of Ronin Bridge Hack

Two “whale” addresses appeared to be impacted by the attack, according to Kyber, which plans to reimburse the losses. Kyber said it discovered the exploit, which let attackers insert a “false approval, allowing a hacker to transfer a user’s funds to his address,” on Sept. 1 and “neutralized” the threat within two hours.



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