KITE now trades around $0.104, down over 67% from its March high, having slipped from a top-100 debut to rank 123. The Kite Foundation said on August 6 that it detected and contained an attack on its KITE token on Ethereum mainnet, with no tokens lost. The Kite Foundation shared on X on August 6 that it caught and shut down an attack on its KITE token running on Ethereum mainnet. No coins lost, but the alarm came from mainnetAccording to the foundation’s post on X, its security monitoring picked up unusual KITE transfer activity on Ethereum mainnet, flagged it, and shut the attack down before any tokens moved. Kite AI has been running a live bug bounty on Sherlock since July 20, offering up to 10,000 USDC for reported flaws.