{"id":66778,"date":"2022-09-06T18:41:02","date_gmt":"2022-09-06T15:41:02","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=66778"},"modified":"2025-09-07T03:06:09","modified_gmt":"2025-09-07T00:06:09","slug":"kyber-network-team-compensates-265000-stolen-in-hack","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kyber-network-team-compensates-265000-stolen-in-hack\/","title":{"rendered":"Kyber Network Team Compensates $265,000 Stolen in Hack"},"content":{"rendered":"<p>The Kyber Network protocol developers addressed the attack vector on the KyberSwap DEX and compensated losses amounting to <a href=\"https:\/\/twitter.com\/KyberNetwork\/status\/1565421311073038336\">265 000 USDC<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ Interim Update: Hack Is Removed, KyberSwap is Secure, &#038; Next Steps<br \/>On the 2 Sept, we shared the discovery of our front-end exploit on KyberSwap<a href=\"https:\/\/t.co\/6XIXPhyfsc\">https:\/\/t.co\/6XIXPhyfsc<\/a><\/p>\n<p>Today, we can provide some interim, official &#038; positive updates \u2b07\ufe0f<\/p>\n<p>\u2014 Kyber Network (@KyberNetwork) <a href=\"https:\/\/twitter.com\/KyberNetwork\/status\/1567102622762663936?ref_src=twsrc%5Etfw\">September 6, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The attack was neutralised in the second half of 1 September 2022 at 16:34 (GMT+7). The attack vector was successfully identified and neutralised on 4 September 2022,&#8221; the team said.<\/p>\n<\/blockquote>\n<p>According to the report, the incident affected two addresses. One of them was fully compensated.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">5\/ There were only 2 impacted wallets that now are made whole.<br \/>\u27051 has been fully compensated of all funds<br \/>\u2705The other wallet successfully revoked his approval before losing any funds<br \/>\u2705No other wallets are impacted or lost funds as a result of this exploit.<\/p>\n<p>\u2014 Kyber Network (@KyberNetwork) <a href=\"https:\/\/twitter.com\/KyberNetwork\/status\/1567102634255065088?ref_src=twsrc%5Etfw\">September 6, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The second wallet granted approval to the malicious script and successfully revoked it before losing any funds,&#8221; the Kyber Network clarified.<\/p>\n<\/blockquote>\n<p>Earlier on September 1 hackers <a href=\"https:\/\/forklog.com\/en\/news\/unknown-attackers-hack-kyberswap-frontend\">breached the KyberSwap frontend interface<\/a>. Developers detected malicious code in the tool <span data-descr=\"Google Tag Manager\" class=\"old_tooltip\">Google Tag Manager<\/span>.<\/p>\n<p>The exploit injected a fraudulent transaction approval, enabling attackers to transfer users&#8217; funds to their own addresses.<\/p>\n<p>Earlier, the FBI issued a warning about the most common vulnerabilities exploited by cybercriminals to attack DeFi platforms.<\/p>\n<p>Follow ForkLog\u2019s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kyber Network protocol developers addressed the attack vector on the KyberSwap DEX and compensated losses amounting to 265,000 USDC.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1416],"class_list":["post-66778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-kyber-network"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=66778"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66778\/revisions"}],"predecessor-version":[{"id":66779,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66778\/revisions\/66779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=66778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=66778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=66778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}