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Kava halts Axelar bridge withdrawals amid investigation of unusual dApp activity

Market News
14 Nov 2026, 16:25 WIB
Tokenpost
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Bearish
Kava halts Axelar bridge withdrawals amid investigation of unusual dApp activity

Kava has paused withdrawals through its Axelar bridge due to abnormal activity detected in a decentralized application within its ecosystem. This suspension stops cross-chain asset withdrawals via Axelar while Kava investigates the issue. The project has not provided a timeline for resuming withdrawals but promises a full incident report once the investigation is complete. This move follows earlier statements confirming the situation is under control and that no unlimited minting of KAVA tokens is occurring.

As of Nov 14, 2026 21:41 WIB, KAVA is trading at Rp632 on Pluang, showing a sharp 49.26% decline in the past day. The token's market cap stands at Rp801.79 million with a 24-hour trading volume of Rp924.04 million. Sell orders dominate Pluang activity at 88%, reflecting significant investor caution.

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