Both parties failed to reach an agreement on the safe return of the stolen assets despite Kyber offering the hacker 10% of the funds, which amounted to $4.3 million. The hacker behind the $46 million exploit on KyberSwap, a decentralized exchange that allows users to send and receive different cryptocurrencies, issued an ultimatum for the return of the digital assets stolen from the protocol on November 23. According to an on-chain message sent to the company on Thursday, the black hat...
Read More »Decentralized Banking Alternative Monolith Integrates KNC
Monolith, a project that makes it easier to spend ETH and ERC-20 tokens in real-life, announced Tuesday that it has partnered with Kyber Network (KNC) on numerous integrations.Monolith and Kyber Bring DeFi To The MassesAccording to the announcement, KNC can now be used to buy goods or services using Monolith’s Visa debit card. Monolith users are able to do this by exchanging and loading KNC onto their cards. Monolith users have the option to participate in voting and governance on KyberDAO...
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