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.