KiloEx DEX $7.5 Million Security Breach

KiloEx DEX $7.5 Million Security Breach: Analysis and Mitigation Strategies for Similar Platforms The recent KiloEx decentralized exchange (DEX) exploit represents a significant security incident in the decentralized finance ecosystem, highlighting the ongoing vulnerabilities that plague even backed and established platforms. This security breach, which resulted in the theft of $7.5 million through price oracle manipulation, offers critical lessons for similar companies operating in the DeFi space. The KiloEx Security Breach: Timeline and Technical Details On April 14, 2025, KiloEx, a decentralized perpetuals trading platform, fell victim to a sophisticated cross-chain attack that targeted multiple blockchain networks simultaneously.
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