KAVA nearly halves after bridge dump to BSC as team says it is contained
KAVA got sliced nearly in half after someone bridged a stack of the token over to BSC and sold it off, according to Cointelegraph. The Kava team says the damage is limited to Kava Lend and is not an infinite mint. The price is still down hard while the team pushes back on the worst-case read.
- Original source: X account @Cointelegraph.
- The source published it on Nov 14, 2026 at 2:21 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
- It comes from X posts, not a news outlet.
KAVA took a beating, dropping nearly 50% after a wallet bridged a large haul of the token to BSC and dumped it on the market, per Cointelegraph. The sell-off sent the price into a nosedive, and the token is still nursing steep losses.
The Kava team moved fast to draw a line around the damage. It says the incident is contained to Kava Lend, and that this is not an infinite mint — pushing back on the idea that the supply itself was compromised.
That distinction is the whole fight right now: a dump is one thing, a broken mint is another. The team's framing is that Kava Lend is where the problem lives, not the token's issuance.
Cointelegraph flagged the move as a straight-up REKT, with the bridge-to-BSC-then-sell playbook doing the damage.
TopicsKAVA · Kava · Kava Lend · BSC · Cointelegraph
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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