Important Update Regarding $KAVA
Following recent market movements and unusual on-chain activity, the Kava team has officially clarified the situation to the community:
Bullet Isolated Incident: The abnormal cross-chain activity and token bridging to BNB Smart Chain were strictly restricted and contained within Kava Lend, with the rest of the network remaining secure.
Bullet No Infinite Mint: The team firmly confirmed that this was not an infinite mint exploit or unlimited token issuance.
Bullet Exchanges Precaution: Partner platforms and major exchanges temporarily paused KAVA deposits and withdrawals as a routine safety measure.
Stay safe, verify official channels, and keep managing your risk! 🛡️📊
#KavaSaysAbnormalActivityLimitedToKavaLend #KAVA .
Following recent market movements and unusual on-chain activity, the Kava team has officially clarified the situation to the community:
Bullet Isolated Incident: The abnormal cross-chain activity and token bridging to BNB Smart Chain were strictly restricted and contained within Kava Lend, with the rest of the network remaining secure.
Bullet No Infinite Mint: The team firmly confirmed that this was not an infinite mint exploit or unlimited token issuance.
Bullet Exchanges Precaution: Partner platforms and major exchanges temporarily paused KAVA deposits and withdrawals as a routine safety measure.
Stay safe, verify official channels, and keep managing your risk! 🛡️📊
#KavaSaysAbnormalActivityLimitedToKavaLend #KAVA .
