Kyber Network Crystal v2 (KNC)

The coins saw outflows on Binance are $KNC, $FET, $SLP, $BTC, and $AMP. Outflows on exchanges are a bullish signal.

The outflow of $BTC signifies the accumulation of $BTC.

On the other hand, $MATIC, $JASMY, $OGN, and $CHZ saw more inflows. https://t.co/EtRCAXaYUq

A hacker once drained $47M from the crypto exchang KyberSwap and then tried to takeover the company.

In 2023 the KyberSwap hacker drained the platform then published an on-chain letter to every executive, employee, and token holder.

He wasn’t asking for ransom.

He just said he wanted full control of the company, treasury, governance, everything.

Told employees they can stay and get paid double or leave with a year's severance pay.

He then signed it “Kyber Director”

The team ignored him and he kept the $47 million.

The most unhinged job application in history was written by the guy who already robbed the place.

Spotlighting our social auditors review on @KyberNetwork

Our OG reviewers note that Kyber Network Crystal $KNC remains an early DeFi pioneer with real utility through fees and governance but past exploits and declining activity have weakened confidence.

Is KNC a resilient DeFi survivor or a legacy token struggling to regain lost ground?

More on the OG audit and the project info here⤵️
https://t.co/k6bCtc90xW