Binance DEX KiloEX Halts After Exploit

KiloEX Halts Operations After $7.5 Million Price Oracle Exploit

• Decentralized exchange KiloEX suspended operations due to a $7.5 million exploit.
• The attack was attributed to a “price oracle exploit,” impacting Base, opBNB, and Binance Smart Chain tokens.
• KiloEX launched in 2023, built on BNB Chain, opBNB, and Manta Network.
• The attacker’s wallet address is identified as: 0x00fac92881556a90fdb19eae9f23640b95b4bcbd.
• KiloEX offered hackers the chance to return 90% of stolen funds to avoid further action.

KiloEX has suspended its platform after a $7.5 million loss from a price oracle exploit. The exchange is working with security partners and has offered hackers an option to return most of the funds to avoid legal consequences.