Browsing: cybersecurity

The perpetrator behind the recent attack on KyberSwap, a decentralized exchange (DEX), has been observed transferring significant sums of digital assets across blockchain networks. Blockchain analytics firm PeckShield recently detected movements from the wallet associated with the KyberSwap attacker. According to the data, approximately 798.8 Ether (ETH), valued at nearly $2.5 million, was bridged from Arbitrum to the Ethereum network. In addition to the Ether, the hacker also moved nearly one million dollars’ worth of stablecoins. Specifically, $826,500 in Dai (DAI) stablecoin was transferred from the exploiter’s wallet to another address. This incident follows the notable KyberSwap hack of 2023,…

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