Kinto exchange tanks 87% in 24 hours after Arbitrum contract exploit

The price of Kinto’s $K token plummeted by over 87% in the last 24 hours following the discovery of an exploit related to its deployment on the Arbitrum network. The incident caused a market selloff that tanked the token’s price by 45% in just one hour on Thursday. Kinto first posted about the disruption at […] source: https://www.cryptopolitan.com/kinto-exchange-tanks-87-in-24-hours-hacked/