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Kite: Affected KITE tokens are frozen after Binance security incident - 31 Oct 2026

By Exbasi Intelligence
1 min readUpdated 10/31/2026Sourced from CoinMarketCal
Kite: Affected KITE tokens are frozen after Binance security incident - 31 Oct 2026
KITE tokens affected by the Binance security incident are frozen. The Kite team is working with Binance and industry partners to trace the affected funds and recover them.The freeze removes the stolen tokens from circulation while recovery efforts continue. Binance has also committed to covering the stolen assets and buying back the impacted tokens. These commitments support the KITE float, the supply of tokens available for trading.The affected tokens from the recent Binance security incident have been frozen. We're working closely with Binance and our industry partners every step of the way to trace and recover the funds. Stay strong 💪

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