KAVA Falls Nearly 40% as Kava Lend Hack Drains $3.8M in Tokens
Kava Lend lost roughly $3.8 million to a hack, and about 49.2 million KAVA was bridged to BNB Chain via LayerZero and sold for roughly $2.1 million in BNB and USDT. KAVA fell nearly 40% as the crypto Fear & Greed Index sat at 10/100, an Extreme Fear reading.