The $47 Million KyberSwap Hacker Plots Surprising Proposal in Upcoming Announcement

KyberSwap Hacker to Propose Agreement Worth $47 Million in Upcoming Statement

Source: KyberSwap

The KyberSwap hacker, in all their mischievous glory, has decided to entertain us with a proposal. Brace yourselves, because this hacker knows how to add some drama to the digital asset world. On November 30, they’ll unveil a detailed statement, like a magician revealing their secrets. But let’s rewind a bit and see what led to this “Spectacular” standoff.

Last week, KyberSwap was taken for a wild ride as the hacker managed to exploit a whopping $47 million from the platform. The audacity! They left a cheeky message on the network, letting everyone know they were in it for the long game. Negotiations were on the table, but instead of a polite discussion, the hacker received threats and deadlines from the executive team. Tsk tsk! What happened to good old-fashioned diplomacy? But fear not, dear readers, for the hacker is undeterred and ready to strike back with a “treaty” of sorts. We wouldn’t want to miss that, would we?

Now, let’s talk about KyberSwap’s resilience amidst all this chaos. After the initial exploit, the hacker left an on-chain message, teasing that negotiations would commence once they were fully rested. Ah, the hacker’s beauty sleep is essential for a successful negotiation! Who knew? But while the hacker was catching some Zs, KyberSwap was busy dealing with the aftermath. They engaged with the operators of frontrunning bots who had so audaciously withdrawn $5.7 million from their pools on Polygon and Avalanche. And here’s where it gets interesting: after some fierce discussions, these operators were persuaded to return 90% of the funds they took! Bravo, KyberSwap! They managed to recover a whopping $4.67 million from the clutches of those sneaky bots. It’s like a Hollywood heist movie, but with a twist!

• Munger lives so, life is enough.
• AlgosOne.ai: The AI Trading Bot That Puts the Fun in Funds
• Festive Reunion Genesis and Parent Company DCG Settle $620M Lawsuit

Click here to see KyberSwap’s tweet about the recovery.

But KyberSwap’s fight is far from over! They’ve made it clear that they won’t rest until they’ve brought the perpetrator to justice and recovered all the users’ funds. It’s like they’re the superheroes of the digital asset world, fighting against evil forces to protect their users. Cue the epic soundtrack!

Now, let’s dive into the technical side of things. According to the wise words of Ambient Exchange founder Doug Colkitt, the hacker targeted a specific aspect of KyberSwap’s concentrated liquidity feature. They managed to trick the contract into seeing more liquidity than was actually there. It’s like they pulled off an “infinite money glitch”! Can you imagine having access to unlimited funds? Well, these hackers certainly can.

Dear readers, as we eagerly await the hacker’s detailed statement on November 30, let’s remember that amidst the chaos and drama, KyberSwap is working diligently to ensure their platform remains secure. They’ve advised their users to withdraw funds, assuring them that their aggregator is unscathed and operating as normal.

So, buckle up, fellow digital asset enthusiasts! Let’s embrace this rollercoaster ride of hacks, negotiations, and epic recoveries. The world of digital assets never fails to surprise us. Stay tuned for more updates and let’s hope this hacker’s proposal brings some much-needed excitement and maybe even a few laughs. We certainly need them in times like these!

Psst! Dear hacker, if you’re reading this, remember that even villains need a good laugh every now and then. Why not sprinkle a pun or two in your statement?

We will continue to update Blocking; if you have any questions or suggestions, please contact us!