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Kava Lend loses roughly $3.8 million to hack, sending KAVA token down nearly 40%

The Block
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Kava Lend loses roughly $3.8 million to hack, sending KAVA token down nearly 40%

About 49.2 million KAVA was bridged to BNB Chain via LayerZero and sold for roughly $2.1 million in BNB and USDT.

Key Takeaways

  1. About 49.2 million KAVA was bridged to BNB Chain via LayerZero and sold for roughly $2.1 million in BNB and USDT.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on The Block

Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.