Crypto Trading Firm Kronos Research Offers 10% Bounty to Hacker

Taipei-based cryptocurrency trading and investment firm Kronos Research has opened doors for negotiations with a hacker who made off with $25 million of the firm's treasury early this month. In a message to the hacker, Kronos said, send back 90% of the stolen funds, and we'll drop this matter, Etherscan show. Last week, the Taiwanese trading and VC firm reported via a post on X that an unauthorized entity gained access to its API keys. Recently, the attacker behind an exploit of KyberSwap signed one of the transactions that pilfered funds from the decentralized exchange, stating that they would begin negotiations when they were "fully rested."

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