KyberSwap Offers Hacker a Reward to Return 90% of Stolen Funds

The DAO running the KyberSwap DEX has made an offer to the hacker responsible for a recent attack. The hacker is being offered a reward for returning the majority of the funds taken.

The DAO has acknowledged the sophistication of the hack and has set a deadline for the return of 90% of the assets by November 25 at 06:00 UTC.

The hack, which resulted in the withdrawal of approximately $47 million from Elastic Pools liquidity pool, was reported on November 23.

The attacker left a message indicating a desire to start negotiations in a few hours. Experts believe that the attacker used a complex and carefully planned smart contract exploit.

Besoin experts evaluated the losses of the exchange at around $48 million, including 16,217 ETH, 3,987,332 ARB, 591,441 OP, and 1,111,926 DAI.