Kambria Yield Tuning Engine, or KYTE (pronounced the same way as “kite”), is the newest addition to the rapidly growing DeFi space. By offering intelligent, fast, and decentralized financial services to the community, we complement our vision to foster the open innovation of frontier technologies. Decentralized finance is a powerful example of open innovation, aimed to serve the greater good of the community, and we’re excited to share with you what we are doing with…
Greetings Kambrians! We trust you’ve been well. It’s time to share with you what we’ve been working on. We are thrilled to announce the launch of Kambria’s own DeFi initiative: Kambria Yield Tuning Engine. Kambria Yield Tuning Engine, or KYTE (pronounced same way as “kite”), marks the start of a new era for Kambria as we look to reshape our token economy and bring increasing value to our community through incentives. KYTE represents an engine…
Greetings Kambrians. We hope this finds you well. It’s time for a KuCoin security incident update. Last week, we got the unfortunate news that Kambria’s highest volume exchange, KuCoin, had been breached by nefarious hackers. At least two of their hot wallets were tragically drained, and with it, at least 400 million KAT were stolen. The total amount of cryptocurrencies stolen are not known to us, but it appears that over 200 million dollars worth…