kiloex

KiloEx, a relatively new DEX, promised a hacker a lucrative 10% white hat bounty of $750,000. In exchange, they asked the hacker to refund 90% of the funds taken from their platform. Yet the offer, listed on April 15, was announced even after the platform shut down its DEX for...

KiloEx, This relatively unknown decentralized exchange (DEX) , recently was the victim of an attack – and in a major way. A $7.5 million crypto heist, made possible through a price oracle vulnerability, has them reeling. Now, they're dangling a carrot: a $750,000 "white hat" bounty (10% of the loot)...

In the often chaotic environment of crypto, hacks are always a risk. Recently, KiloEx, a platform in the digital asset space, faced such a challenge and responded with a rather unconventional approach: offering a substantial bounty to the hacker responsible for the exploit. This controversial move raises important questions about...

KiloEx, a decentralized perpetuals trading platform incubated by YZi Labs, just hit the news with a $2 million+ exploit. This incident led to total losses of approximately $7.4 million on all chains combined. As a direct result, the cross-chain attack caused the instant suspension of all platform operations. Within hours...

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...

In the rapidly evolving landscape of decentralized finance (DeFi), security cannot be an afterthought. Recent developments surrounding KiloEx show how quickly things can turn on even the most seemingly promising platforms. It’s a cautionary tale to halt complacency in this rapidly changing environment. MetaBlock X is looking forward to breaking...

Okay, let's talk about the KiloEx hack. $7.5 million gone. Poof. Another day, another DeFi disaster. This isn't just another statistic. It's a glaring spotlight on a fundamental flaw in the very foundation of decentralized finance: the reliance on centralized oracles.DeFi's Centralized Heartbeat – OraclesWe’re peddled this utopia of decentralized,...

I can recall Sarah’s text yesterday as clearly as the day she sent it. "Aditya, I'm ruined. Everything I had was in KiloEx. Gone. Just like that." For Sarah, the single mom turned DeFi pioneer only trying to provide a better life for her children, her dreams turned to ashes...

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...