KiloEX DEX hacked through oracle exploit, losses rise to $7M

KiloEX, a perpetual futures DEX, showed unusual activity pointing to a possible hack. Investigators estimate an initial loss of over $6M. KiloEX, one of the emerging perpetual futures DEXs, was exploited, with losses reaching $6M based on initial estimations. Investigator Chaofan Shou first noticed the exploit. The estimation is that an attacker gained control of […] source: https://www.cryptopolitan.com/kiloex-dex-hacked-through-oracle-exploit-losses-rise-to-7m/