Young Hacker Exploits Glitch to Steal $48.8 Million in Crypto from KyberSwap, Feds Allege
A 22-year-old Canadian hacker, Andean Medjedovic, is wanted for allegedly stealing $48.8 million in cryptocurrency from the DeFi protocol KyberSwap. According to a recent indictment from the U.S. Attorney’s Office, he exploited vulnerabilities in KyberSwap’s code in 2023 by manipulating liquidity pools and executing specific trades to create what he referred to as a “glitch.” ...