Vietnam Blockchain Association Supports Resolution of $47 Million Kyber Elastic Attack

Quick Summary:

Following the indictment's release, Tran Huy Vu, CEO and Co-Founder of Kyber Network, expressed his appreciation to the Vietnam Blockchain Association (VBA) for its collaboration and support in addressing this attack.

Phan Duc Trung, Chairman of the Vietnam Blockchain Association Phan Duc Trung, Chairman of VBA, commended the professionalism and dedication of the Kyber team in addressing the incident, highlighting their adaptability and perseverance throughout the resolution process.

The Chairman of the Vietnam Blockchain Association reaffirmed VBA’s commitment to supporting businesses—particularly startups—through investigative programs targeting fraud in the Web3 space, such as Chaintracer, as well as community media channels.

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Article Details

Author / Journalist: Vietnam Blockchain Association

Category: Technology

Markets: ChinaUnited StatesVietnam

Topics: Finance Blockchain Community Technology Release Investigative Incident Association Advice Vietnam Kyber

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 18:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 25912217

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