Cryptocurrency
[loss] $750,000
Tweet by KiloEx
Primary Source ↗Financial Loss
$750,000
(750,000 USD)
Recovered
$6.8M
Blockchain(s)
Ethereum, Bsc
Incident Details
KiloEx, a decentralized perpetual futures exchange, was exploited for $7.5 million. An attacker executed an oracle manipulation attack on KiloEx’s pricing smart contracts to steal funds across the Base Ethereum layer-2 chain, BNB Chain, and Taiko.KiloEx halted trading on the platform while investigating the exploit, and contacted the hacker to try to negotiate a 90% return of funds.KiloEx later announced that the recovery had been successful, and that they would pay out the 10% “bounty”.
Total loss estimated at $750,000.
Technical Details
- Initial Attack Vector
- Oracle price manipulation
- Vendor / Product
- KiloEx
Timeline
- 2025-04-14 Breach occurred
- 2025-04-14 Publicly disclosed