kiloex

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...

MetaBlockX.com enables you to explore the digital asset universe with clarity and confidence. Experience accuracy-focused price predictions, live Bitcoin charting, intelligent staking recommendations, and valuable security advice.The decentralized finance (DeFi) space recently experienced another high-profile hack. KiloEx, a decentralized exchange (DEX), recently suffered an exploit. As a consequence, it ended...

KiloEx, a DeFi decentralized finance (DeFi) protocol, was recently attacked by a well-devised exploit. This unfortunate incident further illustrates the dire need for proactive security measures across the DeFi ecosystem. The exploit, which led to a loss of over $31 million, exploited the vulnerabilities built into the price oracle framework...

The KiloEx hack. $7.4 million gone. Headlines screaming "DeFi Doomed!" It’s simple to jump on the band wagon of condemnation, to cast blame and rush to call for change across-the-board right now. Before we reflexively reach for the regulatory hammer, let's take a breath and ask ourselves a harder question:...

Sarah is a working single mother. She poured her meager savings into KiloEx, resolved to build a new life for her children. She’d heard the stories underpinned by DeFi, the tales of financial freedom, of being your own bank, having sovereignty over your money. Then, boom. $7.4 million gone. Hacked....

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Meet Sarah, an essential worker and a single mother who’s juggling two jobs. She sunk a good chunk of her life savings into KiloEx. These funds had initially been earmarked for her daughter’s college education, but the promise of impressive returns and the safety associated with Binance Wallet integration brought...

That kind of exploitation shouldn’t keep the recent hack of KiloEx from shocking the decentralized finance (DeFi) community. It caused a $7 million loss, sending shockwaves across the industry. This incident paints a clear picture of the vulnerabilities multi-chain platforms introduce. Most importantly, it highlights the need for rigorous security...

Needless to say, the KiloEx hack, a $7 million cross-chain exploit, has everyone in DeFi on high alert. Your initial reaction may be to blow it off as “just another life hack.” Others view it as a mere cost of doing business in the wild west of decentralized finance. I...

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...