Binance Wallet and YZi Labs-Backed KiloEx Suffers a $7 Million Hack

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https://beincrypto.com/binance-backed-project-kiloex-hacked/

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KiloEX halts platform after $7.5M exploit

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On-chain evidence shows rapid fund movements between multiple chains. This raises concerns over systemic vulnerabilities in multi-chain DeFi architecture.

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“Root cause was a potential price oracle access control vulnerability. The attacker is still actively exploiting the system, and USDC may be subject to blacklisting,” wrote Cyvers.

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