KiloEx Crypto Platform Suffers $7 Million Heist in Decentralized Trading Attack

A decentralized cryptocurrency trading platform, KiloEx, has fallen victim to a substantial hack, resulting in estimated losses of $7 million. The attack leveraged an address funded through the controversial Tornado Cash service and impacted multiple blockchain networks, including BNB Chain, Base, and Taiko. Investigations suggest that compromised access controls within KiloEx’s price oracle may have enabled the attacker to manipulate core platform functions.