Kyber Network cuts 50% of its staff following $48 million exploit
Submitted by Anonymous (not verified) on Tue, 12/26/2023 - 19:10Kyber Network rebuilds after hacker exploit and theft; plans to boost sustainability and support affected users.
Kyber Network rebuilds after hacker exploit and theft; plans to boost sustainability and support affected users.
Shifke is the CFO of Silbert's Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing.
Some liquidity pools built on the Metis network are offering as much as 200% in annualized fee rewards to users.
Payments through bank accounts are still awaited.
Affected user balances will be restored as no private keys were stolen in the exploit, developers said on X.

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