Media › KiloEx Loses $7M in Apparent Oracle Manipulation Attack
 
 

KiloEx Loses $7M in Apparent Oracle Manipulation Attack

2025-04-21 00:45:03| Spiritual Career Counseling

KiloEx has suspended operations and is collaborating with partners to trace the stolen funds and blacklist the attacker's wallet.By Shaurya Malwa|Edited by Parikshit MishraUpdated Apr 15, 2025, 12:11 p.m. Published Apr 15, 2025, 7:00 a.m. KiloEx, a decentralized exchange (DEX) for trading perpetual futures, was hit by a sophisticated attack earlier Tuesday that left users reeling with losses of around $7 million.The exploit unfolded across multiple blockchain networks and appeared to stem from a vulnerability in the platforms price oracle system, per blockchain analysis firm Cyvers.STORY CONTINUES BELOWDon't miss another story.Subscribe to the Crypto Long & Short Newsletter today. See all newslettersBy signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.An attacker, using a wallet funded through Tornado Cash a tool that obscures transaction trails executed a series of transactions on the Base, BNB Chain, and Taiko networ...


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