Multichain aggregator KyberSwap looked as if it will in all probability well perhaps bask in been exploited unhurried on Wednesday night, with multiple users reporting that millions of bucks price of crypto used to be drained from the platform.

In an X put up, the KyberSwap crew notified users that it had suffered a “security incident” and urged users to withdraw their funds as a precautionary measure.

“KyberSwap’s aggregator just just isn’t impacted and is operating fully as common,” the crew stated in a be conscious up put up.

Per Debank records, $48 million has been stolen up to now, of which $20 million used to be in wrapped Ether (wETH) and $7 million used to be in Lido’s staked Ether (stETH) tokens.

Blockchain sleuth “@spreekaway” illustrious that the exploit took space on all chains, with $7.5 million on mainnet, $315,000 on Spoiled, $15 million on Optimism, $2 million on Polygon and $20 million on Arbitrum.

Per Spreek, the exploit used to be not an approval-essentially essentially based field, but barely the Entire Save Locked (TVL) held in Kyber’s liquidity swimming pools. Info from DeFiLlama reveals that Kyber’s TVL dropped 83% over the previous few hours from $84 million to $14 million on the time of writing.

Spreek furthermore highlighted a blockchain transaction with a message embedded from the hacker to Kyber’s developers, staff, DAO and liquidity suppliers that learn “negotiations will start in just a few hours when I am fully rested.”

The Kyber crew looked as if it will in all probability well perhaps bask in spoke back to the hacker with their very bag message, asking “how is Ontario this time of year,” seemingly implying that they traced the attacker’s IP address.