Kyber said that the team was able to 'neutralize' the threat within two hours.
Decentralized exchange Kyber Network has revealed that the attack vector responsible for last week’s exploit was successfully identified and removed.
“The other wallet provided approvals to the malicious script, and successfully revoked his approval before losing any funds. There are no other wallets that are impacted or lost funds as a result of this exploit.” The KyberSwap team then disclosed that the attackers discreetly launched the bad script that targeted whale wallets on Ethereum and Polygon. It also noted that affected users would be fully compensated and attempted to open dialogue with the attackers by offering 15% of the funds from a $265,000 exploit as a bug bounty.two suspects and shared the intel with KyberSwap as well as concerned law enforcement agencies.
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