Kava Lend Exploit Drains Millions as KAVA Falls 47%

First reported by Crypto Briefing at Sat 8:35 AM · 2 outlets in all

1. The Defiant30mKava Lend Exploit Drains Millions as KAVA Falls 47%Inflated BUSD collateral let attackers borrow 55.2 million KAVA. Bridge withdrawals and transfers at three Korean exchanges were suspended.
2. Crypto Briefing10hKAVA token sinks 40% as exploit hits Kava Lend, exchanges halt withdrawalsThe exploit highlights vulnerabilities in DeFi systems, potentially undermining trust and prompting stricter security measures across platforms.