KiloEX Halts Trading After Major Security Breach Leverages Price Oracle Vulnerability

Decentralized exchange KiloEX has suspended trading activities following a significant security breach that saw over $7.5 million stolen from its platform. The incident, acknowledged by KiloEX on April 14th, triggered the immediate halt of operations while investigators work to recover funds. Analysis suggests the exploit originated from a vulnerability in the platform’s price oracle system.