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Kava Lend Hacked for Roughly $3.8 Million, KAVA Token Drops Nearly 40%
(6 hours ago) · 1 source · Summarized by CryptoBipto
Kava Lend, a decentralized lending protocol on the Kava blockchain, reportedly lost approximately $3.8 million in a hack. The KAVA token fell nearly 40% following the incident.
WHY IT MATTERS
A hack in crypto means someone found a weakness in a protocol's code and used it to steal funds.
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SOURCES
- theblock.co
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KAVADeFi SecurityHackKava BlockchainToken Price Impact