The decentralized exchange KiloEx has been forced to suspend trading following a $7 million exploit targeting its platform. The attack leveraged manipulated price oracles, used by the DeFi protocol’s users to trade cryptocurrencies, across Base, BNB Chain, and Taiko blockchains. Blockchain security firm Cyvers first flagged the incident, which resulted in the attacker profiting from an artificially skewed price environment to drain funds from the platform. A recent update revealed that the attacker has moved funds out of the protocol using Tornado Cash, a privacy-focused Ethereum mixer. KiloEx is now offering a 10% bounty to the individual responsible for the attack as part of their attempt to mitigate losses. The team stated it will publicly acknowledge the return if funds are returned and drop the case. However, if the hacker chooses not to cooperate, KiloEx promised to pursue legal action against them with law enforcement and cybersecurity partners. This incident reflects a growing trend in the DeFi space where oracle-based attacks continue to plague projects, leading to significant losses for users and developers alike.