1 year ago
The developer stated that truthful far, nary funds person been lost.
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Kyber Network, developer of the Kyberswap Elastic decentralized crypto exchange, has announced connected Apr. 17 that determination is simply a imaginable vulnerability successful the exchange's contracts. It has advised each liquidity providers to region their funds arsenic soon arsenic possible.
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Attention KyberSwap Elastic Liquidity Providers:
We person identified a imaginable vulnerability, and arsenic a precaution we powerfully counsel each Liquidity Providers to retreat your funds connected Elastic arsenic soon arsenic possible.
Investigations are ongoing and nary idiosyncratic funds are lost.
The developer has stated that nary funds person been lost. However, it has advised liquidity providers (LPs) to region their funds arsenic a precaution. Only Kyberswap Elastic funds are astatine risk. Kyberswap Classic astute contracts bash not incorporate the vulnerability, the squad said.
In a abstracted message, the squad stated that farming rewards person been temporarily suspended until a caller astute declaration tin beryllium deployed. All rewards earned anterior to 18 April 2023, 11pm (GMT+7) person already been dispersed and are unaffected by this pause.
The developer has stated that it volition update the assemblage soon with an mentation arsenic to erstwhile funds tin beryllium safely deposited backmost into the protocol.
This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.
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