kite

Bitcoin News posted on the X platform that Coinkite has released a new firmware update for Coldcard to fix the security issue with the mnemonic phrases.The previously vulnerable mnemonic phrases are still not safe and should be replaced.

The KITE Foundation reports on the progress of the token security incident disposal. A new KITE ERC-20 contract has been deployed on the Ethereum mainnet, with the total token supply remaining unchanged. Old KITE tokens will be migrated to the new contract at a 1:1 ratio, and it has been confirmed that addresses controlled by the attacker will be excluded and will not receive new tokens.The migration snapshot is based on the Ethereum mainnet block height of 25,692,498. Regular self-custody wallet users will directly receive new tokens without the need for exchange or authorization; exchange users will have their migration coordinated by the exchange and the KITE team. The cross-chain channel will remain suspended until the migration and verification are completed. Previously, KITE discovered abnormal transfers on August 6 and confirmed that it had been hacked. The team stated that this incident did not result in asset losses for users or the project party, and the current impact has been controlled.

According to monitoring by the KITE Foundation, its security monitoring system has flagged abnormal KITE token transfer activities on the Ethereum mainnet. The team subsequently initiated an incident response and suspended all KITE token transfers on the Ethereum mainnet, including cross-chain functionality.The affected tokens have been frozen and will not enter the secondary market. The investigation is still ongoing.

Bitcoin News posted on the X platform that new evidence shows the anonymous switck account that wrote the LibNgU code may actually be Peter Gray, co-founder and CTO of Coinkite, as the code is at the core of the COLDCARD entropy failure incident.Researchers claim that Gray's GPG key signed dozens of switck submissions, and other identifiers seem to link the two identities. Bitcoin developer James O'Beirne stated that he warned Coinkite in May 2025 that the RNG implementation of LibNgU looked suspicious and suggested removing it, but he said the response was that any issues should have already been discovered. Screenshots also show that as early as April 2021, users had already questioned the rewrite of LibNgU.If these findings are accurate, it means that the engineer who introduced the code was later associated with the theft of over 1,800 BTC and had received direct warnings about the RNG implementation more than a year before the vulnerability was publicly disclosed.

KiteAI Asia Pacific Head Laughing confirmed attendance at the "Crypto 2026: From Cryptocurrency to Smart Economy" themed forum to be held in Hong Kong on April 19, and will participate in a roundtable discussion. This event is co-hosted by ChainCatcher and RootData, and is one of the important peripheral activities of the Hong Kong Web3 Carnival.Kite AI is building the foundational layer of the Agentic Internet, aiming to create a vertically integrated artificial intelligence ecosystem to promote the realization of real business value and the long-term sustainable development of the network. This forum will focus on the paradigm shift under the deep integration of AI technology and crypto networks, engaging in in-depth discussions on cutting-edge tracks such as AI Agent economy, smart payments, RWA, and crypto infrastructure. At the intersection of technological leaps and economic restructuring, this themed forum not only provides insights into the current state of the industry but also offers a forward-looking reflection on the future intelligent economic system.

OKX will officially launch the KITE (KITE) USDT perpetual contract on April 9, 2026, at 11:00, with a leverage range of 0.01 to 20 times, and trading will be available 24/7.

OKX will suspend leveraged trading and spot lending services for KITE/USDT on March 27, 2026, at 13:00, and will cancel related market orders. Please return the coins in a timely manner before the suspension to avoid triggering the system's forced return of coins.

According to Binance spot market data, there has been significant volatility in the market. SOPH has dropped 17.44% in the last 24 hours, while KITE has risen 13.72%, showing signs of a rebound after hitting a low.At the same time, CVC, RAY, and MITO have also experienced a "high and then low" situation, with declines of 8.19%, 10.15%, and 10.24% respectively. PYTH has reached a new low for today, down 5.98%, while ICP has also hit a new low for the week, down 7.82%. NEWT reached its highest price in 24 hours, up 5%.

According to official news from Kite AI, Ehsan Yousefzadeh, former Head of AI Payments at PayPal, has officially joined Kite as Head of Product. Ehsan previously served as Senior Director and Head of Product at PayPal AI, where he led the development of intelligent agent commerce, intelligent agent payment protocols, and the native AI agents for PayPal and Venmo.He has over 12 years of experience in consumer internet, payments, and AI product management, having previously worked at Uber on market matching and driver incentive products, and at Amazon on Same-Day Delivery technology development. He holds a Master's degree in Data Science from the University of California, Berkeley. Kite AI stated that Ehsan's addition will accelerate the development of agent-based economic infrastructure and the implementation of next-generation autonomous intelligent agents.

According to CoinMarketCap data, in the Upbit spot market rankings, the KITE/KRW trading pair of the KiteAI token KITE has risen to 7th place in 24-hour trading volume, accounting for approximately 2.32% of the total volume.

AI intelligent agent payment Layer 1 project Kite announced that it has officially joined the Google Agent Payments Protocol (AP2) as a community partner.According to official information, Kite is now listed alongside over a hundred industry giants such as Mastercard, PayPal, Shopify, Adobe, Walmart, Accenture, and Cloudflare in the AP2 community partner list.Kite stated that this collaboration is an important milestone on its path to building a trusted payment infrastructure for the agent economy, and the team will continue to be committed to promoting the development of secure and reliable intelligent agent payment solutions.

According to Coinmarketcap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows, with the top five gainers: Kite (KITE) up 18.83%, current price $0.2764; LayerZero (ZRO) up 14.35%, current price $1.6; Morpho (MORPHO) up 14.34%, current price $1.56; Render (RENDER) up 8.39%, current price $1.49; Decred (DCR) up 7.4%, current price $23.84.The top five losers: Pi (PI) down 4.94%, current price $0.1732; Aave (AAVE) down 4.79%, current price $116.42; Chiliz (CHZ) down 3.59%, current price $0.03654; Dash (DASH) down 3.3%, current price $33.31; Arbitrum (ARB) down 2.89%, current price $0.09582.

According to Binance spot market data, there has been significant volatility in the market. KITE has increased by 20.37% in the last 24 hours and is in a rebound state after hitting a low.In addition, C98 has also shown a rebound after hitting a low, with an increase of 7.09%. Meanwhile, XVS, DYDX, TUT, and TRB have all reached new highs today, with increases of 7.19%, 5.48%, 8.66%, and 6.84%, respectively.On the other hand, TREE, ENSO, and ZKP have all experienced a pullback after reaching highs, with decreases of 5.19%, 7.24%, and 6.34%, respectively.

According to Coinmarketcap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows, with the top five gainers: Kite (KITE) up 20.32%, current price $0.2256; Humanity Protocol (H) up 18.11%, current price $0.1985; Decred (DCR) up 12.86%, current price $24.76; Pi (PI) up 10.16%, current price $0.1495; Midnight (NIGHT) up 9.64%, current price $0.05449.The top five losers: LayerZero (ZRO) down 9.36%, current price $1.97; River (RIVER) down 3.77%, current price $18.94; World Liberty Financial (WLFI) down 3.01%, current price $0.1046; Internet Computer (ICP) down 2.81%, current price $2.35; PancakeSwap (CAKE) down 1.58%, current price $1.27.

KiteAI Asia Pacific Head Laughing confirmed attendance at the "Build and Scale in 2026" themed forum to be held in Hong Kong on February 10. This event is co-hosted by ChainCatcher, RootData, and Alibaba Cloud, and is one of the important peripheral activities of the Consensus HongKong conference.Kite AI is building the foundational layer of the Agentic Internet, aiming to create a vertically integrated artificial intelligence ecosystem to drive the realization of real business value and the long-term sustainable development of the network. This forum will focus on industry integration trends, growth paths, and market opportunities in the new cycle, engaging in in-depth discussions around key tracks such as RWA, stablecoins, AI, payments, and DeFi. The event aims to gather high-quality project parties, investment institutions, and developers from around the world to build a high-value industry network and jointly explore future opportunities and value potential in the Web3 ecosystem.

According to Binance spot data, the market has experienced significant fluctuations. DUSK has dropped by 18.31% in the last 24 hours, while ACA and FRAX have also hit new lows today, with declines of 5.8% and 21.27%, respectively.On the other hand, KITE has reached a new high for the week, with an increase of 23.86%. Additionally, ACX has also seen a new low for the week, with a decline of 14.81%.

According to Arkham data, around 23:09, two KITE transfers totaling 45,606,431 coins (worth approximately 4.9 million USD) were made from an anonymous address to another anonymous address.At 23:09, 26,006,012 KITE coins (worth approximately 2.79 million USD) were transferred from an anonymous address (starting with 0x1050...) to an anonymous address (starting with 0x5447...).At 23:10, 19,606,419 KITE coins (worth approximately 2.1 million USD) were transferred from an anonymous address (starting with 0x913a...) to an anonymous address (starting with 0x7E70...).

According to Binance spot market data, there has been significant volatility in the market. RESOLV has dropped by 15.81% in the last 24 hours, while KITE has risen by 7.31%, reaching a new high for today.In addition, ALICE, LAYER, EPIC, BAT, and GLM have all shown a "pullback" state, with declines of 5.23%, 6.83%, 5.01%, 7.06%, and 13.94%, respectively. Meanwhile, ALT has hit a new low for the week, with a decline of 6.25%. EDEN, on the other hand, has shown a "bottoming rebound" state, with an increase of 7.53%.

OKX will officially launch ZEN/USDT margin trading on November 18, 2025, at 5:00 PM on the web, App, and API. HYPE/USDT margin trading will go live at 5:10 PM, and KITE/USDT margin trading will be available at 5:20 PM. In addition, the simple earning and flexible borrowing features will also be launched simultaneously. For specific rules, please refer to the platform announcement.