According to CoinMeta, Wu said that the Kite Foundation reported that the monitoring system detected abnormal transfers of Kite tokens on the Ethereum mainnet. Upon investigation, it was confirmed that these transfers were related to a hacker attack. The relevant transfers and cross-chain channels have been suspended, and no user or project assets were lost as a result of this incident. The team has deployed a new Kite ERC -20 contract, with the total token supply remaining unchanged. The old tokens will be migrated at a 1:1 ratio, and addresses controlled by the attackers will be excluded from the migration process. The snapshot for users holding tokens on the chain is from Ethereum mainnet block 25,692,498 (August 6, 2026, at 01:13:23 Beijing time). Eligible tokens will be directly sent back to the original addresses without the need for manual exchange or authorization of smart contracts. Exchange users do not need to submit migration requests, as the relevant platforms will coordinate with the Kite team to handle the matter. The cross-chain channels will remain suspended until the migration and security verification are completed.