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KINTO NETWORK VULNERABILITY REVEALED – $K TOKEN PLUNGES 85%
Kinto has confirmed a network vulnerability affecting the deployment of K tokens on Arbitrum. While the issue has not compromised user-bridged funds, it has triggered a sharp market reaction.
🔹 $K token dropped from $7.50 to $1.10 (-85%)
🔹 Investigation underway with support from Seal 911, Hypernative, Venn, and Zeroshadow
🔹 Kinto assures user wallets remain secure
The team is actively working on a fix. Meanwhile, trust and transparency will be critical to recovery.
#Kinto #KToken #Arbitrum #CryptoSecurity #BlockchainAlert
Kinto has confirmed a network vulnerability affecting the deployment of K tokens on Arbitrum. While the issue has not compromised user-bridged funds, it has triggered a sharp market reaction.
🔹 $K token dropped from $7.50 to $1.10 (-85%)
🔹 Investigation underway with support from Seal 911, Hypernative, Venn, and Zeroshadow
🔹 Kinto assures user wallets remain secure
The team is actively working on a fix. Meanwhile, trust and transparency will be critical to recovery.
#Kinto #KToken #Arbitrum #CryptoSecurity #BlockchainAlert
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#kinto Do you know this WONDER of cryptocurrency? How could I not see this fascinating project before?
just thinking will Defi ever takeover tradfi what is the biggest challenge is?? share your thoughts 👇
#kinto #DEFİ #mudularexchancge
#kinto #DEFİ #mudularexchancge
$K TOKEN COLLAPSES AFTER ARBITRUM EXPLOIT – DOWN 87% IN 24H
Kinto’s $K token has crashed following a major exploit in its Arbitrum mint contract, allowing nearly 7M tokens to be created — far exceeding its actual supply.
🔻 Price dropped 45% in 1 hour, over 87% total
🔍 Exploit occurred off-network, not on Kinto mainnet
💼 Attacker used inflated tokens as collateral to drain USDC from Morpho
🔐 User wallets and bridge vaults remain secure
Kinto is now working with Seal 911, Hypernative, Venn, and Zeroshadow to investigate. Recovery efforts are underway.
#Kinto #DeFiExploit #Arbitrum #CryptoSecurity #SmartContractRisk
Kinto’s $K token has crashed following a major exploit in its Arbitrum mint contract, allowing nearly 7M tokens to be created — far exceeding its actual supply.
🔻 Price dropped 45% in 1 hour, over 87% total
🔍 Exploit occurred off-network, not on Kinto mainnet
💼 Attacker used inflated tokens as collateral to drain USDC from Morpho
🔐 User wallets and bridge vaults remain secure
Kinto is now working with Seal 911, Hypernative, Venn, and Zeroshadow to investigate. Recovery efforts are underway.
#Kinto #DeFiExploit #Arbitrum #CryptoSecurity #SmartContractRisk
Kinto secures a $20M investment from Brevan Howard Digital
#Kinto secures a $20M investment from #BrevanHowardDigital , enabling participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.
Kinto is a #Layer2 chain built on top of the #Ethereum network using the #OPStack focused on providing safe access to financial services. Kinto provides KYC, insurance, and AML & fraud monitoring at the blockchain level by default.
👉 x.com/KintoXYZ/status/1891488058559930692
#Kinto secures a $20M investment from #BrevanHowardDigital , enabling participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.
Kinto is a #Layer2 chain built on top of the #Ethereum network using the #OPStack focused on providing safe access to financial services. Kinto provides KYC, insurance, and AML & fraud monitoring at the blockchain level by default.
👉 x.com/KintoXYZ/status/1891488058559930692
🚀Top Project From Recent Funding Round – Kinto🚀
🎉 Kinto has just secured $20.00M in its latest funding round! 🎉
🔹About: Kinto is a modular exchange platform designed to seamlessly integrate traditional financial services with decentralized finance (DeFi). Built on a Layer-2 solution utilizing the Arbitrum Nitro Stack, Kinto offers users a secure and transparent environment for engaging with diverse financial instruments. A standout feature of Kinto is its mandatory Know Your Customer (KYC) verification, ensuring that all participants are authenticated, thereby mitigating risks associated with anonymous transactions. This user-owned KYC approach allows individuals to maintain control over their personal information, revealing only the minimum necessary data to access specific services.
The platform's architecture ensures high transaction speeds and low fees, making it appealing to both individual users and institutional investors. Kinto's commitment to compliance is further demonstrated by its integration of Anti-Money Laundering (AML) and fraud monitoring mechanisms at the blockchain level.🚀🌐
🔹 Lead Investors: The Spartan group, ParaFi Capital, Robot Ventures, Kyber Capital, Brevan Howard Capital and many more.
🔹 Total Raised: $25.00M.
🔹 Project Category: Modular Exchange, Layer-2.
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#Layer2 #DEFİ #DEX #kinto #OP $OP
$UNI
$1INCH
🔹About: Kinto is a modular exchange platform designed to seamlessly integrate traditional financial services with decentralized finance (DeFi). Built on a Layer-2 solution utilizing the Arbitrum Nitro Stack, Kinto offers users a secure and transparent environment for engaging with diverse financial instruments. A standout feature of Kinto is its mandatory Know Your Customer (KYC) verification, ensuring that all participants are authenticated, thereby mitigating risks associated with anonymous transactions. This user-owned KYC approach allows individuals to maintain control over their personal information, revealing only the minimum necessary data to access specific services.
The platform's architecture ensures high transaction speeds and low fees, making it appealing to both individual users and institutional investors. Kinto's commitment to compliance is further demonstrated by its integration of Anti-Money Laundering (AML) and fraud monitoring mechanisms at the blockchain level.🚀🌐
🔹 Lead Investors: The Spartan group, ParaFi Capital, Robot Ventures, Kyber Capital, Brevan Howard Capital and many more.
🔹 Total Raised: $25.00M.
🔹 Project Category: Modular Exchange, Layer-2.
🌟If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#Layer2 #DEFİ #DEX #kinto #OP $OP
$UNI
$1INCH
KINTO NETWORK VULNERABILITY REVEALED – $K TOKEN PLUNGES 85%
Kinto has confirmed a network vulnerability affecting the deployment of K tokens on Arbitrum. While the issue has not compromised user-bridged funds, it has triggered a sharp market reaction.
🔹 $K token dropped from $7.50 to $1.10 (-85%)
🔹 Investigation underway with support from Seal 911, Hypernative, Venn, and Zeroshadow
🔹 Kinto assures user wallets remain secure
The team is actively working on a fix. Meanwhile, trust and transparency will be critical to recovery.
#Kinto #KToken #Arbitrum #CryptoSecurity #BlockchainAlert
Kinto has confirmed a network vulnerability affecting the deployment of K tokens on Arbitrum. While the issue has not compromised user-bridged funds, it has triggered a sharp market reaction.
🔹 $K token dropped from $7.50 to $1.10 (-85%)
🔹 Investigation underway with support from Seal 911, Hypernative, Venn, and Zeroshadow
🔹 Kinto assures user wallets remain secure
The team is actively working on a fix. Meanwhile, trust and transparency will be critical to recovery.
#Kinto #KToken #Arbitrum #CryptoSecurity #BlockchainAlert
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On July 10, #Kinto suddenly plummeted, which can be considered a black swan in this bull market.
While the entire market was optimistic, the K token crashed from $8 to $0.7, instantly dropping over 90%, with a market cap of less than $2 million. The community erupted in outrage, with widespread doubts about a "Rug Pull".
The project team quickly responded, stating that the contract on the Arbitrum chain was hacked, and it was not a vulnerability in the Kinto mainnet. It turns out the hacker exploited a backdoor in the contract to mint K tokens infinitely, rapidly crashing the market and draining funds on Uniswap and Morpho. The team urgently shut down the contract and initiated an audit, while also promising to snapshot user assets, restart liquidity, and even plan to relist K tokens on CEX at the original price.
However, the community clearly remained skeptical, as just 10 days prior, K had completed a round of early investor unlocks, leading many to suspect there were hidden issues behind the crash. This incident once again sounded the alarm: even in a bull market, one can step on a landmine; do not just focus on the price increase; the security of contracts and the rhythm of token unlocks are worth paying more attention to.
DYOR, never goes out of style.
#趋势交易策略
#暴跌
While the entire market was optimistic, the K token crashed from $8 to $0.7, instantly dropping over 90%, with a market cap of less than $2 million. The community erupted in outrage, with widespread doubts about a "Rug Pull".
The project team quickly responded, stating that the contract on the Arbitrum chain was hacked, and it was not a vulnerability in the Kinto mainnet. It turns out the hacker exploited a backdoor in the contract to mint K tokens infinitely, rapidly crashing the market and draining funds on Uniswap and Morpho. The team urgently shut down the contract and initiated an audit, while also promising to snapshot user assets, restart liquidity, and even plan to relist K tokens on CEX at the original price.
However, the community clearly remained skeptical, as just 10 days prior, K had completed a round of early investor unlocks, leading many to suspect there were hidden issues behind the crash. This incident once again sounded the alarm: even in a bull market, one can step on a landmine; do not just focus on the price increase; the security of contracts and the rhythm of token unlocks are worth paying more attention to.
DYOR, never goes out of style.
#趋势交易策略
#暴跌
MAJOR RECENT CRYPTO FUNDRAISING EVENTS
#Blockaid #CygnusFinance $CYGNUS #Kinto #Altius #Mansa #Universal #Fluent #Primus
#Blockaid #CygnusFinance $CYGNUS #Kinto #Altius #Mansa #Universal #Fluent #Primus
Big Token Unlocks Are Coming on
July -1st – 2025 ⚠️
👉 What You Need to Know
Hey Binance fam! 🚀 Get ready because July is starting off with some major crypto action. On July 1st, 2025, a bunch of popular tokens will be unlocked to trade, sell for the first time. Here's what you should know so you don't get caught off guard🤔
° What is a Token Unlock?
• As new crypto projects launch, they usually lock some of their tokens for early investors, team members, or partners, are released slowly over time in what’s called a vesting schedule. A token unlock is when a part of those locked tokens becomes available.
° Which Tokens Are Unlocking on July 1st??
Here’s a breakdown of the tokens unlocking on July 1st and why they matter:
• Token Amount Unlocking % of Current Market Cap Time (UTC)
• $BONK (BONK) $7.36 million ~0.65% 03:00 AM
• Solar (SXP) $2.02 million ~1.82% 03:00 AM
• Mythyos (MYTH) $1.99 million ~2.21% 03:00 AM
• Kinto (K) $7.88 million ~123% (!!) 03:00 AM
• $DYDX (DYDX) $2.10 million ~0.56% 18:00 PM
📍 All times are in UTC. That’s 8:00 AM Pakistan time for the 03:00 AM unlocks and 11:00 PM for dYdX.
#tokenunlocks #CryptoNews #Binance
#altcoins #Kinto
July -1st – 2025 ⚠️
👉 What You Need to Know
Hey Binance fam! 🚀 Get ready because July is starting off with some major crypto action. On July 1st, 2025, a bunch of popular tokens will be unlocked to trade, sell for the first time. Here's what you should know so you don't get caught off guard🤔
° What is a Token Unlock?
• As new crypto projects launch, they usually lock some of their tokens for early investors, team members, or partners, are released slowly over time in what’s called a vesting schedule. A token unlock is when a part of those locked tokens becomes available.
° Which Tokens Are Unlocking on July 1st??
Here’s a breakdown of the tokens unlocking on July 1st and why they matter:
• Token Amount Unlocking % of Current Market Cap Time (UTC)
• $BONK (BONK) $7.36 million ~0.65% 03:00 AM
• Solar (SXP) $2.02 million ~1.82% 03:00 AM
• Mythyos (MYTH) $1.99 million ~2.21% 03:00 AM
• Kinto (K) $7.88 million ~123% (!!) 03:00 AM
• $DYDX (DYDX) $2.10 million ~0.56% 18:00 PM
📍 All times are in UTC. That’s 8:00 AM Pakistan time for the 03:00 AM unlocks and 11:00 PM for dYdX.
#tokenunlocks #CryptoNews #Binance
#altcoins #Kinto
🚀Top Project From Recent Funding Round Kinto🚀
🎉 Kinto has just secured $20.00M in its latest funding round! 🎉
🔹About: Kinto is a Layer-2 solution built on the Ethereum network using the Arbitrum Nitro stack, designed to provide safe and insured access to financial services. It is non-custodial, transparent, permissionless, and governed by the community. Kinto offers unique features like KYC, AML, and fraud monitoring at the blockchain level, ensuring that all participants are verified and transactions are secure. The platform uses native account abstraction to allow users to access crypto financial services without needing browser extensions or seed phrases. Kinto aims to bridge the gap between traditional financial institutions and decentralized finance by providing a secure environment for both users and developers. The governance token, $KINTO, is used for on-chain voting and decision-making. Kinto recently launched its public sales and continues to develop its ecosystem to support financial applications and institutions.🚀🌐
🔹 Lead Investors: The spartan Group, ParaFi Capital, Robot Ventures, Kyber Capital, Modular Capital and many more.
🔹 Total Raised: $25.00M.
🔹 Project Category: Layer-2 chain, Arbitrum Orbit.
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#BTCNextATH #layer2 #kinto #Layer2Coin #GeopoliticalImpactOnBTC $ARB
$OP
$MANTA
🔹About: Kinto is a Layer-2 solution built on the Ethereum network using the Arbitrum Nitro stack, designed to provide safe and insured access to financial services. It is non-custodial, transparent, permissionless, and governed by the community. Kinto offers unique features like KYC, AML, and fraud monitoring at the blockchain level, ensuring that all participants are verified and transactions are secure. The platform uses native account abstraction to allow users to access crypto financial services without needing browser extensions or seed phrases. Kinto aims to bridge the gap between traditional financial institutions and decentralized finance by providing a secure environment for both users and developers. The governance token, $KINTO, is used for on-chain voting and decision-making. Kinto recently launched its public sales and continues to develop its ecosystem to support financial applications and institutions.🚀🌐
🔹 Lead Investors: The spartan Group, ParaFi Capital, Robot Ventures, Kyber Capital, Modular Capital and many more.
🔹 Total Raised: $25.00M.
🔹 Project Category: Layer-2 chain, Arbitrum Orbit.
🌟If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#BTCNextATH #layer2 #kinto #Layer2Coin #GeopoliticalImpactOnBTC $ARB
$OP
$MANTA
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