KiloEX DEX Hacked by “Price Oracle Exploit” for $7.5 Million

KiloEX, A Decentralized Exchange (DEX) built on the BNB chain, suffered a $7.5 million attack and has suspended operations. Security analysts describe the hack as a ‘price oracle exploit.’ Binance Labs funded the DEX as part of its programme to support Binance Coin (BNB) projects. KiloEX has isolated the exploit and is now trying to track down the funds and recover the stolen tokens for its users.

The hack affected Multiple…