According to Foresight News, Kinto has announced the discovery of a network vulnerability impacting the deployment of K tokens on the Arbitrum blockchain. Despite this issue, funds bridged to the Kinto network in users' wallets remain secure. Organizations such as Seal 911, Hypernative, Venn, and Zeroshadow are assisting in a comprehensive investigation.
Previously, Foresight News reported a significant drop in the value of Kinto's K token, which plummeted from $7.5 to $1.1, marking an 85% decrease.
