KiloEX suspends operations after major security breach.
A hacker has exploited decentralised exchange KiloEX, draining approximately US$7.5 million by manipulating its price oracle mechanism. The breach led to an immediate suspension of the platform and sparked a cross-industry investigation involving cybersecurity firms and blockchain networks.
The vulnerability centred on KiloEX’s price feed system, which allowed the attacker to manipulate the ETH/USD…
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