🚨 $KAVA crashes ~40-50%

~48M KAVA tokens were bridged to BNB Chain and reportedly sold, triggering a sharp sell-off.

Kava clarifies:
✅ Not an infinite mint
✅ Isolated & contained within Kava Lend
✅ Situation under control

Upbit, Bithumb (and Coinone) have suspended deposits/withdrawals as a precaution. Axelar bridge also paused.

Full incident report incoming.

#KAVA #Crypto #defi