KyberSwap DEX exploited for $46 million, TVL tanks 68% By Cointelegraph

Around $46 million in various crypto assets has seemingly been drained from the decentralized KyberSwap exchange in the latest decentralized finance exploit.

On Nov. 23, the Kyber Network team alerted its users stating in an X (Twitter) post that KyberSwap Elastic (NYSE:) “has experienced a security incident.”