KiloEx Hacked: $7.5 Million Stolen, Exchange Halts Operations

The decentralized derivatives trading platform KiloEx has temporarily shut down following a significant security breach. Hackers exploited the exchange’s vaults, draining approximately $7.5 million. 🚨 Security Incident Announcement: KiloEx Vault Exploit details follow below, including the attacker’s wallet address & further action needed from partner platforms.