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Kinto

Kinto Shuts Down After $1.55M Exploit Derails Recovery Efforts

2025-09-08
By: Elite Crypto News
On: September 8, 2025
In: Ethereum, Kinto

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

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