KiloEx exploited for $7.5 million
KiloEx, a decentralized perpetual futures exchange, was exploited for $7 million. An attacker executed an oracle manipulation attack on KiloEx's pricing smart contracts to steal funds across the Base Ethereum layer-2 chain, BNB Chain, and Taiko.KiloEx halted trading on the platform while investigating the exploit, and contacted the hacker to try to negotiate a 90% return of funds. Tweet by KiloEx Tweet by SlowMist
KiloEx, a decentralized perpetual futures exchange, was exploited for $7 million. An attacker executed an oracle manipulation attack on KiloEx's pricing smart contracts to steal funds across the Base Ethereum layer-2 chain, BNB Chain, and Taiko.
KiloEx halted trading on the platform while investigating the exploit, and contacted the hacker to try to negotiate a 90% return of funds.
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