Decentralized exchange KiloEx says $7.5M exploit has been contained

From Cointelegraph

April 14, 2025 9:40 pm:

Decentralized exchange KiloEX halts platform usage after $7.5 million exploit. Funds being traced with exploit contained. Bounty program and full report in progress. Collaboration with BNB Chain, Manta Network, and cybersecurity firms Seal-911, SlowMist, and Sherlock underway. Stolen assets routed through zkBridge and Meson. KiloEX attacker exploited price oracle issue, say analysts. PeckShield speculates exploit due to price oracle issue. Chaofan Shou of Fuzzland agrees. KiloEX token plunges over 27% post-exploit. Backed by Binance Labs. Partnership with DWF Labs announced days prior to exploit. DWF Labs launched $250 million Liquid Fund on March 25.

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