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KAITO price drops 9% after false supply FUD – Hacker walks away with $1 mln

AMBCrypto LogoAMBCrypto1d ago

KAITO price drops 9% after false supply FUD – Hacker walks away with $1 mln - AMBCrypto

Quick Summary:

The panic-driven sell-off sent the KAITO token price swinging nearly 20% before recovering.

The breach raised concerns about how attackers bypassed such high-level security measures.“We had high-level security measures on both accounts, including hardware 2FAs.

The misleading posts caused an immediate drop in KAITO’s price, before the information was corrected.

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KAITO price drops 9% after false supply FUD – Hacker walks away with $1 mln - AMBCrypto (Picture 1)KAITO price drops 9% after false supply FUD – Hacker walks away with $1 mln - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Farah Mirza

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-16 @ 08:00:42 (1 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 884 words

Reading Time: 5 minutes read

Sentences: 43 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 27045501

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 15 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions

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The story "KAITO price drops 9% after false supply FUD – Hacker walks away with $1 mln" has 884 words across 43 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Which news outlet covered this story?

The story "KAITO price drops 9% after false supply FUD – Hacker walks away with $1 mln" was covered 1 days ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 15 news stories per day.

It's most recent story was published 9 hours ago.

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The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #27045501
  • URL: https://beamstart.com/news/kaito-price-drops-9-after-17421121593644

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