KITE Foundation Contains Attack on KITE Tokens with Zero Financial Losses

KITE Foundation detected and contained an attack targeting KITE tokens on Ethereum Mainnet. Transfers were suspended, affected tokens frozen, and no financial losses occurred.

Woofun AI reports that KITE Foundation identified an attack targeting its KITE tokens, which has been successfully contained without any financial losses. The foundation’s security monitoring system flagged abnormal transfer activities of KITE tokens on Ethereum Mainnet.

The team immediately activated its incident response plan, suspending all KITE token transfers on Ethereum Mainnet, including cross-chain transactions. Affected tokens have been frozen to prevent entry into the secondary market. The investigation remains ongoing.