Kyberswap team discovers critical vulnerability, tells LPs to remove funds
Kyber Network, developer of the Kyberswap Elastic decentralized crypto exchange, has announced on Apr. 17 that there is a potential vulnerability in the exchange's contracts. It has advised all liquidity providers to remove their funds as soon as possible.We have identified a potential vulnerability, and as a precaution we strongly advise all Liquidity Providers to withdraw your funds on Elastic as soon as possible.The developer has stated that no funds have been lost.
The developer has stated that it will update the community soon with an explanation as to when funds can be safely deposited back into the protocol.
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