KITE Foundation tweeted that its team detected a coordinated attack targeting the $KITE token. Abnormal transfer activity was flagged by its security monitoring system on the Ethereum mainnet at the first opportunity. The attack has been identified and contained, with no funds lost.
After the incident occurred, the team quickly initiated an emergency response, pausing all transfers of $KITE tokens on the Ethereum mainnet, including cross-chain functionality. The affected tokens have been frozen and will not flow into the secondary market. The official statement said the investigation is still ongoing, and more details will be released later.
Judging by the response process, the KITE team acted promptly: monitoring alerts → pausing on-chain transfers → freezing suspicious tokens. These three steps keep the risk within a smaller scope. The vulnerability exploited by the attacker, the corresponding remediation plan, and whether token transfers will be resumed are still pending further disclosure by the authorities. Users are advised to temporarily avoid buying unknown-source $KITE on the secondary market and to wait for the official incident report.
#KITE#Security Incident#AI
After the incident occurred, the team quickly initiated an emergency response, pausing all transfers of $KITE tokens on the Ethereum mainnet, including cross-chain functionality. The affected tokens have been frozen and will not flow into the secondary market. The official statement said the investigation is still ongoing, and more details will be released later.
Judging by the response process, the KITE team acted promptly: monitoring alerts → pausing on-chain transfers → freezing suspicious tokens. These three steps keep the risk within a smaller scope. The vulnerability exploited by the attacker, the corresponding remediation plan, and whether token transfers will be resumed are still pending further disclosure by the authorities. Users are advised to temporarily avoid buying unknown-source $KITE on the secondary market and to wait for the official incident report.
#KITE#Security Incident#AI