KyberSwap reduces workforce in response to Elastic exploit!

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KyberSwap has faced unprecedented challenges due to the Elastic exploit. Despite this, the company’s core business remains robust, including the aggregator and limit order functions. KyberSwap has reduced its workforce by 50% due to the Elastic exploit. The company is creating a voluntary database to connect departing team members with potential opportunities in the web3 space. These exceptional individuals bring capability, commitment, and integrity that are rare in the fast-paced, profit-driven industry. Web3 founders are encouraged to consider these individuals for their teams.