KyberSwap Decentralized Exchange Hacked for $50 Million in Ethereum and Stablecoins
• KyberSwap DEX hacked for nearly $50 million in various cryptocurrencies • Attacker stealing funds mostly in Ether, wrapped Ether, and USDC • Funds taken from Ethereum blockchain as well as Arbitrum, Optimism, other chains • Not related to approval authorization code bug; directed attack on liquidity pools • Attacker teasing negotiations, asking about Ontario; common trend with DeFi hacks