KiloEx Halts Platform Following $7.5 Million Exploit

Decentralized exchange KiloEX has suspended its platform’s operations following a significant security breach that resulted in the loss of approximately $7.5 million. The incident, confirmed by KiloEX on April 14th via X, led to the suspension of trading while investigations are underway to trace stolen funds. The team is collaborating with cybersecurity experts and ecosystem partners to identify the source of the theft and recover any remaining assets. ]