KiloEx Shuts Down Following Major Hack: $7.5 Million Flees the Network

Crypto platform KiloEX has been forced to shut down its services following a major security breach that resulted in the theft of approximately $7.5 million. The team is scrambling to locate and recover these funds, enlisting the help of industry experts like BNB Chain, Manta Network, and cybersecurity firms to tackle this complex issue. 🚨 Details on the exploit are scarce as KiloEX shares only that an unknown attacker exploited a vulnerability in the platform’s vault, resulting in funds being diverted through the use of zkBridge and Meson, two crucial protocols now under scrutiny.