KITE Foundation Detects Attack on KITE Token, Says Contained With No Funds Lost

KITE Foundation Detects Attack on KITE Token, Says Contained With No Funds Lost

N
News Editor
2026-08-06 07:10:41
The KITE Foundation, a payment infrastructure for the AI agent economy, said on X that it detected an attack targeting KITE tokens. The attack was identified and contained, with no funds lost. Security monitoring flagged abnormal transfers on Ethereum mainnet, prompting the team to suspend all KITE token transfers, including cross-chain functionality. Affected tokens are frozen and won't enter secondary markets.

The KITE Foundation, the payment infrastructure built for the AI agent economy, said on X that it detected an attack targeting KITE tokens. The attack has been identified and contained, with no funds lost.

According to the foundation, its security monitoring flagged abnormal KITE token transfer activity on Ethereum mainnet. The team activated its incident response and suspended all KITE token transfers on Ethereum mainnet, including cross-chain functionality. Affected tokens have been frozen and will not reach secondary markets. An investigation is still ongoing.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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