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Kava Lend Exploit Drains Millions as KAVA Falls 47%
An exploit on Kava Lend used inflated BUSD collateral to let attackers borrow 55.2 million KAVA.
KAVA · Ticker
KAVA news
KAVA today · the short read
KAVA news today leans bearish: in the last 24 hours we classified 0 bullish, 3 bearish and 0 neutral KAVA stories. The heaviest story: “Kava Lend Exploit Drains Millions as KAVA Falls 47%” (The Defiant).
Why is crypto down today? →- News · 24h
- 0/3
- bull / bear · 0 neutral
- Sentiment · 7d
- -45
- Thin — little to go on
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Kava Lend loses roughly $3.8 million to hack as KAVA token falls nearly 40%
Kava Lend was hacked for roughly $3.8 million, and the stolen funds were moved off-chain: about 49.2 million KAVA was bridged to BNB Chain via LayerZero and sold for..
72
KAVA falls 40% after Kava Lend exploit as exchanges halt withdrawals
An exploit against Kava Lend has driven the KAVA token down 40%, and exchanges have halted withdrawals.