Kyber Network: Hackers stole approximately $54.7 million in a hack, and are offering a 10% bounty to the hackers.
BlockBeats reported on November 25th that Kyber Network announced on social media that on November 22nd, hackers carried out an attack on the KyberSwap Elastic smart contract through a series of complex operations, extracting user funds to the attacker's wallet. Approximately $54.7 million in user funds were stolen. In response, Kyber has suspended deposits, launched an investigation, contacted relevant parties, and negotiated with the attacker to help users recover funds as much as possible, including offering a 10% bounty to the hacker. This hack is one of the most complex attacks in DeFi history, as the attacker needed to execute a series of precise on-chain operations to exploit the vulnerability.