Tag: kyber network (knc)

Sep 02 2022

Kyber Network Exploited for $265,000

Kyber Network identified and fixed a vulnerability in the front-end. The attacker managed to steal $265,000 through malicious code that was discreetly inserted into the Google Tag Manager. The Kyber Network team has promised to reimburse victims. Kyber Network has revealed that it has been the victim of an exploit that saw $265,000 stolen. The team published a blog post saying that it...

Jul 13 2022

Grayscale Expands its List of Assets Under Consideration, Adding Apecoin, CRO and KNC

Summary: Grayscale has added Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC) to its list of assets under consideration. The crypto-focused Wall Street Investment Firm known as Grayscale has expanded its list of assets under consideration to include Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC). The Grayscale team announced the new additions earlier today, explaining that their choice was based...

Jun 24 2022

Kyber Network Admits A Portion of Its Treasury Was Held By 3AC, But Not Significant to Affect KNC Operations

Summary: The Kyber Network team has admitted that Three Arrows Capital's potential insolvency might impact its treasury. A small portion of Kyber Network's treasury is with Three Arrows Capital but is not significant enough to affect the KNC project's operations. The team at Kyber Network adds that it has enough funds to operate for many years. The potential insolvency of the Three Arrows...

Jan 31 2021

Kyber 3.0 Upgrade Is Around the Corner

The decentralized finance (DeFi) space was at full throttle last year. At the end of 2020 Q3, the total value locked (TVL) in the DeFi space was about $10 billion. Despite these huge achievements, the space also experienced several major constraints. Kyber Network, a popular Ethereum-based DeFi protocol, has previously highlighted most of these challenges in an...

Sep 25 2020

Gemini Enters DeFi Rush, Announces Listing Of 15 DeFi Tokens

Decentralized Finance (DeFi) is the latest buzz in the crypto market with the massive bull run in DeFi over the last few months. Looking at the market craze and demand, crypto exchange Gemini has announced a massive...

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