The hacker behind the KyberSwap exploit has expressed a willingness to negotiate after stealing approximately $45 million from the decentralized exchange. In a public message, the attacker informed KyberSwap that negotiations would begin once they had rested. The hack, which occurred on November 23, prompted Kyber Network to advise users to withdraw their funds as a precautionary measure. While the exact amount stolen remains undisclosed, blockchain security firm Cyvers Alerts estimated that the theft amounted to $45 million across various chains, including $20 million on Arbitrum, $15 million on Optimism, $7.5 million on Ethereum, $2 million on Polygon, and $315,000 on Base. The attacker was reportedly funded by the virtual cryptocurrency mixer Tornado Cash. The cause of the hack is still unknown, but experts have suggested that it may have involved flash loans and a math/rounding issue. The theft had a significant impact on the total value of assets locked on KyberSwap, which dropped from $84.9 million to approximately $13.61 million. The native token of Kyber Network, KNC, also experienced a decline of over 2% during the reporting period.

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Information	Details
Geography	Global
Countries
Sentiment	negative
Relevance Score	1
People	Doug Colkitt, Adam Cochran
Companies	Tornado Cash, Ambient Finance, Cyvers Alerts, Defillama, Uniswap, Cinneamhain Ventures, Kyber Network
Currencies	Arbitrum, Polygon, Ethereum, Optimism
Securities	None