KINTO COIN CRASHES 99% AFTER ARBITRUM CONTRACT EXPLOIT
https://coinjournal.net/wp-content/uploads/2025/07/Kinto-K-price-chart.png
✍️ Kinto's $K token plummeted 99% after a smart contract exploit on Arbitrum, allowing a hacker to mint 7M tokens and drain USDC from Morpho lending platform.
👉 The $K token price collapsed by over 99% in 24 hours 👉 A hacker minted 7M tokens and drained USDC from Morpho lending platform 👉 The exploit occurred on Arbitrum, not the Kinto mainnet 👉 Kinto has engaged third-party security experts to investigate the incident 👉 Kinto has assured users that their mainnet funds and bridge vaults were not affected
-- #Arbitrum #Morpholendingplatform #technology
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