The lending protocol Kava Lend suffered a hack that cost it approximately $3.8 million. Around 49.2 million KAVA tokens were bridged to BNB Chain through LayerZero. The tokens were then sold for roughly $2.1 million in BNB and USDT, contributing to the nearly 40% decline in the KAVA token’s price.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
