KiloEX was exploited for 7.5 million USD, prompting the exchange to suspend operations. The hack was linked to a price oracle issue that distorted asset valuations, raising concerns about security measures.
In a swift resolution, the hacker returned 5.5 million USD, aided by KiloEX’s 750,000 USD bounty offer. This incident highlights the dynamic interaction between security protocols and hacker motivations in the evolving crypto landscape.
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