CryptoThe Block39 minutes ago
Kava Lend Hack Loses $3.8 Million
4 min read
An attacker drained roughly $3.76 million worth of KAVA tokens from Kava Lend late Friday by exploiting a dormant BUSD market. The hack caused the KAVA token price to drop nearly 40% as the protocol lost about 55.2 million tokens, which were subsequently bridged to BNB Chain and sold for roughly $2.1 million.
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