Binance has successfully recovered $6.1 million in funds following a significant exploit targeting the KiloEx oracle network. The attack resulted in a total loss of $8.44 million across multiple blockchain networks, but Binance’s rapid action and coordination with law enforcement ensured recovery for nearly 90% of affected users. Binance’s swift response involved tracing stolen assets across various chains, collaborating with industry partners, and halting KiloEx operations to facilitate the recovery process. This incident highlights the ongoing vulnerability of decentralized finance (DeFi) to price oracle manipulation and emphasizes the need for continuous security enhancements.