crypto loss

KiloEx's $7.5M Loss: A Wake-Up Call for Cross-Chain DeFi's Wild West?

KiloEx's $7.5M Loss: A Wake-Up Call for Cross-Chain DeFi's Wild West?

As the dust of the KiloEx exploit settles, a cold hard fact emerges. A mere $7.5 million dollars went missing, not due to someone forgetting a semicolon in one programming string across a single blockchain. Instead, a coordinated, multi-pronged assault exploited the potential that cross-chain interoperability holds. We're not just...