Kite Foundation: KITE Token Attacked on Ethereum Mainnet, Incident Quickly Contained with No Token Loss

TechFlow reports, on August 6, the Kite Foundation stated that it detected an attack targeting KITE tokens. After the security system discovered abnormal KITE token transfer activity on the Ethereum mainnet, the team immediately activated the incident response mechanism and suspended KITE token transfers and cross-chain bridging on the Ethereum mainnet. The foundation stated that the affected tokens have been frozen in place, cannot be transferred, and will not flow into the secondary market. Currently, the scope of the incident is limited to the Ethereum mainnet, and the relevant tokens have not moved since.

The foundation stated that the investigation is still ongoing, and it will further strengthen on-chain and asset security measures subsequently, disclosing details to the community once confirmed.