TLDR
- KiloEx DEX experienced a $7.5 million exploit due to a price oracle vulnerability
- The team has suspended the platform and is working with security partners to trace stolen funds
- Attackers manipulated ETH/USD price from 100 to 10,000 to extract profits across multiple chains
- Security firms PeckShield and others confirmed losses of $3.3M on Base, $3.1M on opBNB, and $1M on BSC
- KILO token price dropped 27% following the exploit announcement
Decentralized exchange KiloEx has fallen victim to a…
Article Source
https://moneycheck.com/kiloex-dex-hit-by-7-5-million-cross-chain-price-oracle-exploit/
