{"id":203842,"date":"2023-11-30T22:21:18","date_gmt":"2023-11-30T16:51:18","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=203842"},"modified":"2023-11-30T22:21:18","modified_gmt":"2023-11-30T16:51:18","slug":"kyber-hacker-is-demanding-complete-control-over-the-dex-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/kyber-hacker-is-demanding-complete-control-over-the-dex-crypto-news\/","title":{"rendered":"Kyber Hacker is Demanding Complete Control Over the DEX – Crypto News"},"content":{"rendered":"

Their latest message demands KyberSwap forfeit all assets, information about the company, and control over the KyberDAO. <\/p>\n

\n

The attacker behind the recent $48 million KyberSwap hack<\/a> has issued a startling new on-chain message: they want complete executive control over the company.<\/p>\n

Early morning Nov. 30, and after claiming his initial negotiations with the project\u2019s leadership was met with hostility, the hacker is now demanding not only complete control of the decentralized exchange, but also temporary and full ownership over KyberDAO, along with all documents pertaining to the company\u2019s structure, profits, revenue, assets, liabilities, and salaries.<\/p>\n

They also demanded the forfeiture of all KyberSwap assets, both on-chain and off-chain assets.<\/p>\n

\u201cOnce my demands are met,\u201d the attacker wrote<\/a>, they will buy out the executives at a so-called fair valuation\u2013and has claimed the situation is simply a matter of bad luck. Employees\u2019 salaries will be doubled, and if they decide to leave the company, will be offered a 12 month severance package.<\/p>\n

LP\u2019s will be given a rebate on their recent market-making activities to the tune of 50% of their losses.<\/p>\n

According to today\u2019s message, the Kyber project will undergo \u201ca complete makeover,\u201d which will make tokens \u201cno longer worthless.\u201d This is the best and only offer, wrote the anonymous attacker, and has issued a December 10th deadline, or the treaty will fall through.<\/p>\n

Should the malicious actor be contacted by one of the agents regarding any of his trades, the treaty will also be void.<\/p>\n

His demand was met with<\/a> \u201cHostile protocol takeover, thats a new one,\u201d by the lending protocol\u2019s founder, Stani Kulechov.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Their latest message demands KyberSwap forfeit all assets, information about the company, and control over the KyberDAO. The attacker behind the recent $48 million KyberSwap hack has issued a startling new on-chain message: they want complete executive control over the company. Early morning Nov. 30, and after claiming his initial negotiations with the project\u2019s leadership […]<\/p>\n","protected":false},"author":2,"featured_media":103209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-203842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=203842"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203842\/revisions"}],"predecessor-version":[{"id":203843,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203842\/revisions\/203843"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/103209"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=203842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=203842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=203842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}