security

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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Imagine this: Sarah, a recently widowed grandmother, thought she was investing in a secure, high-yield crypto fund. She’d noticed an advertisement online — you know the type, promising “guaranteed returns” and “financial freedom.” The website looked professional. She went so far as to call and speak with a helpful “counselor”...

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...

Crypto fraud is a hydra. It’s like the old hydra myth—you cut off one head, and two grow back. Perhaps most unnerving is the limitless creativity of scammers. What if we could see the whole monster, rather than just the individual heads popping up all over the financial landscape? Now,...

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...

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...

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...