We detected an attack targeting the Kite (KITE) token. It was identified and contained immediately, and no tokens were lost. In the interest of transparency, here is what happened: • Our security monitoring flagged unusual KITE token transfer activity on Ethereum mainnet. • The team immediately activated incident response and paused all KITE token transfers on Ethereum mainnet, including cross-chain bridging. The affected tokens are frozen in place: they cannot be moved and will not reach the secondary market. • The incident is fully contained to Ethereum mainnet, and the affected tokens have not moved since. Our investigation is ongoing. We will be taking further measures to strengthen on-chain and asset security, and will share details with the community once they are finalized. Thank you for your support and understanding. We will keep you updated.