{"id":62869,"date":"2022-09-05T10:53:16","date_gmt":"2022-09-05T03:53:16","guid":{"rendered":"https:\/\/wikibinance.com\/?p=62869"},"modified":"2022-10-12T10:13:13","modified_gmt":"2022-10-12T03:13:13","slug":"binance-kyberswap-hack","status":"publish","type":"post","link":"https:\/\/wikibinance.com\/en\/news\/binance-kyberswap-hack.html","title":{"rendered":"Binance identifies 2 suspects in KyberSwap hack"},"content":{"rendered":"

Binance identifies 2 hacker in KyberSwap hack<\/strong><\/h2>\n

On September 3, Binance<\/a>, the leading cryptocurrency exchange all around the world, has identified two suspects involved in\u00a0the hack of KyberSwap.<\/p>\n

Binance CEO, Changpeng Zha<\/a>o has revealed that Binance Security team has provided the intel to the Kyber team, and is coordinating with LE (law enforcement) to apprehension of hackers.<\/p>\n

https:\/\/twitter.com\/cz_binance\/status\/1565976776710430721?s=20&t=RtyOzQYpDHFDAuApsZmZgg<\/p>\n

On September 1, the Kyber Network has been frontend attacked, so their users’ funds lost about $265,000. The Kyber team had provided a 15% bounty for the hackers while warning that there was no way to cash out the funds without doxing themselves.<\/p>\n

Binance helps fund recovery\u00a0<\/strong><\/h2>\n

CZ’s revelation comes amid a series of recent attempts by the exchange to make it more difficult for hackers to attack this platform.<\/p>\n

\"Binance
Binance identifies 2 suspects in KyberSwap hack<\/figcaption><\/figure>\n

Binance<\/a> recovered $450,000 of the stolen funds from Curve Finance. According to CZ, the hacker’s attempt to conceal the transfer of funds to the exchange was spotted by the platform.<\/p>\n

It also support Axie Infinity\u2019s Ronin Bridge to get $5.8 million stolen.<\/p>\n

Binance\u00a0– Big Brother<\/strong><\/h2>\n

A member in cryptocurrency community says that Binance<\/a> plays significant role as a big brother in the crypto space.<\/p>\n

\u201cBinance has gone beyond securing its platform to securing the entire crypto ecosystem. There is no other platform that has the will or the resources to help the crypto industry like Binance.<\/p><\/blockquote>\n

However, CZ disclaims and says that Binance only makes an effort to help other platforms to recover their funds, and the crypto industry doesn’t need a Big Brother.<\/p>\n

https:\/\/twitter.com\/cz_binance\/status\/1565980480767496196?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1565980480767496196%7Ctwgr%5E399d4c8d72af05b59c3afd0adf7b1585a6cf1dca%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fbeincrypto.com%2F%3Fp%3D224531<\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n\n\n

\n \n
\n \n
\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n <\/div>\n \n
\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n <\/div>\n<\/div>\n \n\n
\n Rate this post<\/span>\n <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Binance identifies 2 hacker in KyberSwap hack On September 3, Binance, the leading cryptocurrency exchange all around the world, has identified two suspects involved in\u00a0the hack of KyberSwap. Binance CEO, Changpeng Zhao has revealed that Binance Security team has provided the intel to the Kyber team, and is coordinating with LE (law enforcement) to apprehension […]<\/p>\n","protected":false},"author":28,"featured_media":62921,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[392],"tags":[3998,1457,1478,4000,3999],"_links":{"self":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/62869"}],"collection":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/comments?post=62869"}],"version-history":[{"count":2,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/62869\/revisions"}],"predecessor-version":[{"id":65822,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/62869\/revisions\/65822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media\/62921"}],"wp:attachment":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media?parent=62869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/categories?post=62869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/tags?post=62869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}