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...