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News Explorer — KiloEX to Compensate Users Affected by $7M Hack

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Apr 24, 9:30 am
Coindesk

KiloEX to Compensate Users Affected by $7M Hack

KiloEX, the DEX targeted in a $7 million attack this month, announce that it will compensate affected users. Users whose positions remained open during the platform suspension will be compensated for the difference on increased losses or decreased profits. The attacker utilized a wallet funded by Tornado Cash to exploit a vulnerability in KiloEX's price oracle system.

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