Kava Lend Empty-Market Inflation
An attacker inflated the share price of a near-empty BUSD market on Kava Lend, minting phantom collateral to borrow 55.2M KAVA (~$3.76M) across 127 loans before bridging the proceeds to BNB Chain.
Loss
3.8M
USD
Chain dossier
Kava — hacks & exploits
Total losses
$3.8M
1 incident