hack

KiloEx Hack: Is This the Wake-Up Call DeFi Needs?

KiloEx Hack: Is This the Wake-Up Call DeFi Needs?

Another day, another DeFi hack. This time it’s KiloEx, with a rad $7.5 million disappearing into the ether due to, you guessed it, a price oracle vulnerability. We’re referring to $3.3 million in Base tokens, $3.1 million in opBNB, and $1 million in BSC tokens. Poof. Gone. As you can...
KiloEx's $7.5M Hack: Wake-Up Call for Cross-Chain's Wild West?

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

The nearly $7.5 million KiloEx hack is more than just a number in DeFi saddening statistics. It’s a stupidly blinking neon sign pointing to a markedly deeper, systemic issue in the quickly accelerating world of cross-chain interoperability. We need to talk about this.Cross-Chain: Interoperability or Insecurity?Let's be frank: the dream...
KiloEx Vault Suffers $7.5 Million Hack, Token Value Plummets

KiloEx Vault Suffers $7.5 Million Hack, Token Value Plummets

On April 14, 2025, KiloEx, a decentralized exchange (DEX), experienced a devastating hack. This episode resulted in a mind-boggling $7.5 million loss from its Vault tool. Because the exploit manipulated prices on ETH/USD pairs for a range of cryptocurrencies, the price of KiloEx’s native token, KILO, plummeted. In response, KiloEx...