- Kilox received a major security violation, with the attacker as a stool about $ 7.5 million above several blockchains.
- The attack probably manipulated asset prices through a deficiency in kilox price Oracle System.
- The stolen funds include $ 3.3 million from the base, $ 3.1 million from OPBNB and $ 1 million from BSC.
Decentralized replacement kilox has been hit by a major security violationsleading to a loss of about $ 7.5 million. The team confirmed the exploitation early April 15 during Asian trade times and has since interrupted all platform activity to contain the damage.
In a public update, Kilox said they work with several security partners to track the attacker and restore the stolen funds. Hackeren’s wallet address has been shared: 0x00Fac928815556A90FDB19EAEE9F23640B95B4BCBD, and the team has prompted other protocols to the blacklist address immediately to stop further abuse.
🚨 Announcement for security event: Kilox Vault Exploit
Dear KiloEx -Community,
We regret to inform you that Kilox Vault has been exploited. Angleren’s wallet address is:
0x00FAC92881556A90FDB19EAE9F23640B95B4BCBD
We encourage all partner minutes and platforms to …– Kilox (@kiloex_perp) April 14, 2025
So far, the stolen assets extend over several chains, including about $ 3.3 million from the base, $ 3.1 million from OPBNB and $ 1 million from BNB Smart Chain, according to the security company Peckshield.
Experts blame Oracle Manipulation for KiloEx vulnerability
Both Peckshield and Fuzzland, a blockchain analysis company, suspect that exploitation was caused by a price as an oracle issue. This means that the attacker may have cheated the platform’s price system – for example, opened a position when ETH/USD was shown as $ 100 and then closed it directly at a manipulated price of $ 10,000 and received millions at once. A lone transaction is reportedly hacker hacked $ 3.12 million by utilizing an artificial inflated ETH/USD price.
The @Kiloex_perp The protocol was hacked today with a loss of ~ $ 7.5 million ($ 3.3 million in the base, $ 3.1 million in OPBNB, $ 1 million in BSC).
The protocol is now paused! Our first analysis of one exploit TX indicates a price as an oracle problem. And the hacker takes advantage of it to create a new position with initial given …
– Peckshield Inc. (@Peckshield) April 14, 2025
Kilox is now collaborating with the BNB chain, Manta Network and Security Team such as Seal-911, Slowmist and Sherlock to investigate the event in several ecosystems.
A price program is in work to encourage information about the hacker, and the team promises to release a detailed report soon.
At the same time, the platform’s native token-kilo has dropped over 29%, now trade with $ 0.036, down more than 76% from its maximum time on March 27. Founded in 2023, Kiloex supported by Binance laboratoriesWhich also acts as a strategic partner. Further updates are expected as the investigation continues.
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