Deep Tide TechFlow News, on July 10, Kinto's official post confirmed that the deployment of the $K token on the Arbitrum chain suffered an external network attack. The official statement pointed out that other funds bridged to the Kinto network remain safe in user wallets, and no bridging libraries are under threat. Currently, security agencies such as Seal 911, Hypernative, Venn, and Zeroshadow are assisting in a comprehensive investigation and have reported to relevant authorities. Market data shows that Kinto (K) has dropped over 90%, now priced at $0.56, with a circulating market value of nearly $1 million.