Kinto Shuts Down After $1.55M Exploit Derails Recovery Efforts
2025-09-08
Kinto, a Layer-2 protocol on Ethereum, is shutting down on September 30 after a July 10 exploit that drained US$1.55 million in ETH and caused its native token to lose 95% of its value. The protocol’s founder, Ramón Recuero, has announced a controlled shutdown and a limited restitution plan, whichContinue Reading