The cryptocurrency world faces another significant setback as Kinto, a promising Ethereum Layer 2 blockchain project, officially announced its impending shutdown. This devastating news follows a substantial $1.6 million crypto hack that crippled the project in July. Consequently, the project will cease all services by September 30, marking a somber moment for its community and […]
The dynamic world of cryptocurrency is often punctuated by both groundbreaking innovation and unexpected challenges. Few events command immediate attention quite like a confirmed security breach. Recently, Kinto, a burgeoning Ethereum (ETH) layer-2 project, made headlines with the announcement of an exploit involving its K token on the Arbitrum network. While the initial news might […]
The cryptocurrency world is no stranger to volatility, but few events shake investor confidence like a security breach. Recently, Kinto, a promising Ethereum Layer-2 project, found itself in the spotlight for unfortunate reasons: a reported $1.55 million Kinto hack. This incident serves as a stark reminder of the persistent challenges in blockchain security, even for […]
© Copyright 2025 [sc name="site-link"]
