KiloEX announced it will reimburse traders and stakers impacted by a 7,500,000 USD exploit from April 14. Those who held positions during the downtime will receive compensation for losses incurred.
Users eligible for compensation will receive an additional 10% annual percentage yield. Affected VIP users may also see level upgrades and enjoy protections following the incident.
The security firm SlowMist collaborated in tracing stolen funds. KiloEX aims to restore trust and platform functionality by addressing vulnerabilities discovered during the exploit.
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