🚨 $KAVA JUST CRASHED OVER 50%!
Around 48 million KAVA tokens were reportedly bridged to BNB Chain, with a large portion subsequently sold off, triggering a massive price collapse.
The Kava team has confirmed that the incident originated from Kava Lend, claiming it was an isolated event and not an infinite mint.
Partner exchanges have paused deposits and withdrawals as a precaution.
This is a serious security incident. Stay cautious and avoid catching the falling knife until more details emerge.
#Altcoin Season# #BNBChain# $USDT
Around 48 million KAVA tokens were reportedly bridged to BNB Chain, with a large portion subsequently sold off, triggering a massive price collapse.
The Kava team has confirmed that the incident originated from Kava Lend, claiming it was an isolated event and not an infinite mint.
Partner exchanges have paused deposits and withdrawals as a precaution.
This is a serious security incident. Stay cautious and avoid catching the falling knife until more details emerge.
#Altcoin Season# #BNBChain# $USDT
