According to the latest development, Kaito (KAITO), an altcoin listed on Binance, announced in a statement that the security of some accounts connected to Kaito AI may have been compromised and a certain amount of the token supply may have been affected by this. Following the announcement, there was a sudden drop in the price of KAITO: Chart showing the decline in KAITO price. UPDATE: According to the latest information, it is reported that the CEO of the altcoin, Yu Hu, and the official KAITO X account were hacked, the token vulnerability announcement was therefore fake, and KAITO wallets were not affected by any hacking incident. The tweets in question have been deleted. Updates are awaited. As new details on the subject come in, you can learn about the developments by refreshing the page. *This is not investment advice. Continue Reading: Binance-Listed Altcoin in Trouble: Developers Release Statement, Hack Suspected – Price Reacts
