KyberSwap Hack: Mastermind Initiates Negotiation

Unprecedented Move by Hacker in Major DeFi Protocol Breach
KyberSwap Hack: Mastermind Initiates Negotiation
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The hacker responsible for the recent KyberSwap exploit, resulting in a theft of over $45 million, has surprisingly reached out to negotiate terms with the protocol's team. This move follows the use of TornadoCash for the heist. The incident is part of a series of attacks in the crypto world, including an $85 million attack on the HECO chain and the hacking of two hot wallet owners by the crypto exchange HTX. Meir Dolev, CTO of blockchain security firm Cyvers, suspects the same entity behind these attacks. Connections between Binance and HTX, as well as concerns over HTX's reserves, have added to the complexity of the situation. The hacker's willingness to negotiate opens a new chapter in the ongoing saga of cybersecurity in decentralized finance (DeFi)​​​​​​​​​​​​​​​​.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.

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