Kinto confirms that the K Token on Arbitrum has suffered an external network attack.

Golden Finance reports that Kinto has officially confirmed that the deployment of the $K Token on the Arbitrum chain has 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 protocol is under threat. Currently, security agencies such as Seal 911, Hypernative, Venn, and Zeroshadow are assisting in a comprehensive investigation and have reported to the relevant authorities. Market data shows that Kinto (K) has fallen over 90%, currently priced at $0.56, with a circulating market cap of nearly $1 million.