On November 22nd, KyberSwap, a decentralized exchange based on Ethereum, experienced a hack which resulted in a loss of approximately $50 million worth of users' funds. The decentralized autonomous organization (DAO) in charge of KyberSwap, offered a negotiable bounty of 10% of the stolen funds to the attacker as an incentive for their safe return. The DAO contacted the attacker via a deployer wallet as a message and gave them a deadline of November 25th. This test message was something that is becoming increasingly common among DeFi exploites and a way for the protocol teams to attempt to negotiate with the attackers. As of November 2020, DefiLlama reported that there have been over $290 million lost in DeFi hacks this month and a total of $1.2 billion lost in DeFi hacks this year.



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