TechFlow news, April 15 — KiloEx officially announced a hacking incident, reporting that its treasury was compromised. The vulnerability has now been contained, and the platform has suspended all functions. The KiloEx team is working with security partners to trace the fund flow and will launch a bounty program. The platform is analyzing the attack vector and affected assets, while collaborating with ecosystem partners to recover funds. KiloEx stated it will release a full report in the coming days.
Earlier report, perpetual contract DEX KiloEx was hacked, resulting in approximately $7.5 million in losses.
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