Kava Pauses Axelar Cross-Chain Bridge, Suspends Asset Withdrawals Today

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According to PANews, Kava suspended the Axelar cross-chain bridge today, November 14, out of "high caution." Cross-chain asset withdrawals via Axelar are now halted. The move follows an investigation into abnormal behavior by a dApp within Kava's ecosystem. KAVA tokens fell more than 46% over 24 hours. Kava stated it will share a full incident report once preparations are complete.
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