defi risks

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...
KiloEx Exploit: A Wake-Up Call for DeFi's Price Oracle Problem

KiloEx Exploit: A Wake-Up Call for DeFi's Price Oracle Problem

The $7.4 million KiloEx exploit story is about more than another juicy DeFi headline. It's a glaring symptom of a systemic disease plaguing the entire ecosystem: a dangerous over-reliance on vulnerable price oracles. We've seen this movie before, and frankly, I'm tired of the sequels.Price Oracles: DeFi's Single Point FailureLet's...