Hello everyone. I want to address the recent news regarding the Multichain tweet posted earlier today.
14 Jul 2023, 17:07
Hello everyone. I want to address the recent news regarding the Multichain tweet posted earlier today.
Everyone needs to understand that when using a third-party tool to bridge assets, there's always a reliance on external entities, which carries a risk of potential asset loss. In this case, Multichain acts as a third-party bridge provider, and it's important to note that Kava isn't responsible for any unforeseen circumstances resulting in asset loss involving external entities.
I have already submitted a request to the Product team to remove any references to Multichain on the Kava app, and they are actively working on addressing this. We do everything to provide our users with a safe and secure environment.
In the meantime, it's recommended that everyone conducts their research to assess third-party entities before bridging their assets.
Thank you for your understanding and ongoing support. We will continue to keep you updated on any further developments.
PS: This announcement was created by myself.