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DeFi platform KiloEx offers $750K bounty to hacker

Coin Telegraph LogoCoin Telegraph1d ago

DeFi platform KiloEx offers $750K bounty to hacker - Coin Telegraph

Quick Summary:

However, the DEX offered the hacker $750,000 in exchange for returning 90% of the stolen assets. KiloEx said that it would treat the incident as a white hat exploit if the hacker returned the funds.Hacker stole $7.5 million from KiloExOn April 14, cybersecurity companies reported that an exploiter looted the platform through a price oracle vulnerability.

The platform also said the exploit had been contained. Related: Ethical hacker intercepts $2.6M in Morpho Labs exploitKiloEx to pursue legal action if the hacker doesn’t return the fundsThe DEX added that it would drop the matter and publicly acknowledge that the incident is settled if the hacker agrees to return the funds.

Decentralized exchange (DEX) KiloEx has offered the hacker who exploited $7.5 million in crypto from its platform a 10% white hat bounty. On April 15, KiloEx posted an offer directed to the hacker who stole millions from the DEX.

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Article Details

Author / Journalist: Cointelegraph by Ezra Reguerra

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 14:17:40 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27921563

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About Coin Telegraph

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 34 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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