KiloEx to Conduct Security Audits Before Relaunching Platform

KiloEx has announced plans for comprehensive security audits before restarting its platform after a previous shutdown. The company will partner with SlowMist, a renowned cybersecurity firm, to conduct these audits. Two separate audit strategies are being employed: 1) A complete audit by SlowMist prior to the platform’s relaunch, aiming for approximately 45 days of thorough security verification, and 2) an initial permissions audit focused on preventing future incidents similar to past attacks. This process is expected to inform KiloEx’s decision regarding a relaunch timeline. Following this, SlowMist will conduct a full audit of the protocol’s logic and economic model, with the exact duration yet to be determined but likely faster than the 45-day process. KiloEx emphasizes community feedback by opting for the initial permissions audit before proceeding with the complete audit. Upon completion, it will announce the relaunch schedule promptly.