Tag: KiloEx

Decentralized exchange (DEX) KiloEx has pledged to fully compensate users impacted by a recent $7.5 million exploit, temporarily forcing the platform offline earlier this April. In a recent statement, KiloEx said it would reimburse traders whose positions were affected by the suspension, promising to cover the gap in profits or ...

Decentralized perpetual trading platform KiloEx has fallen victim to a cross-chain exploit that drained approximately $7.4 million, marking another major blow in the worst quarter on record for crypto hacks. The incident occurred on April 14 and was first detected at around 7:30 PM UTC by blockchain security firm Cyvers ...