user compensation

On April 24, KiloEx, a decentralized finance (DeFi) platform, made a public statement that it would reimburse traders and stakers. This decision follows a $7.5 million exploit that prompted the platform to briefly go offline earlier in April. Bonus rewards for Stakers Along with giving full refunds to traders, the...

The rapidly changing decentralized finance (DeFi) landscape provides dynamic new opportunities, but has created severe new security hazards. Just last week, KiloEx, a major DeFi platform, suffered a $7.5 million exploit that forced it to cease operations for a short period of time. This unfortunate event reflects the crypto sector’s...