Kite
2 days agoNews Editor

Kite and Turtle teams take token-freezing actions as frozen and blacklisted total reaches $3.1 billion

On-chain investigator Specter said Kite has frozen 6 million KITE tokens, while the Turtle team seized 3.1 million TURTLE through an administrative transfer. Based on the latest tally cited in the update, the combined total amount tied to freezing and blacklisting has now risen to $3.1 billion. The brief did not provide additional details on the addresses involved or the basis for the actions, but it identified both measures as part of the current on-chain enforcement activity being tracked by Specter. The update was published by Odaily as a 7x24 newsflash.

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Kite and Turtle teams take token-freezing actions as frozen and blacklisted total reaches $3.1 billion
Coinbase
3 months agoNews Editor

Coinbase to Automatically Convert Users’ Old KITE Tokens to New Version

Coinbase said it will automatically convert users’ old KITE holdings into the newly issued token after the KITE project team halted token transfers on Ethereum on Aug. 5 and launched a replacement asset. According to the exchange’s notice, users do not need to take any manual steps to complete the migration. Coinbase said the transition will be handled directly on the platform. The exchange also noted that the new KITE token is already available for trading, deposits, and withdrawals on Coinbase. The update follows the project team’s decision to stop transfers of the previous Ethereum-based token and issue a new token instead.

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Coinbase to Automatically Convert Users’ Old KITE Tokens to New Version
Kite
4 months agoNews Editor 01

Kite Raises $18M Series A Led by PayPal Ventures and General Catalyst to Build Agentic Web Infrastructure with Stablecoin Payments

Kite (formerly Zettablock) secured $18 million in Series A funding co-led by PayPal Ventures and General Catalyst, bringing total funding to $33 million. The company introduced Kite AIR, a platform offering programmable agent identities, native stablecoin payments, and policy enforcement, already integrated with Shopify and PayPal for millisecond settlements.

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Kite Raises $18M Series A Led by PayPal Ventures and General Catalyst to Build Agentic Web Infrastructure with Stablecoin Payments
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