Decentralized exchange KiloEx says $7.5M exploit has been contained
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Cointelegraph
Cointelegraph
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https://cointelegraph.com/news/kiloex-exploited-attacker-used-price-oracle-7-5-million
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KiloEX halts platform after $7.5M exploit
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“Anyone can change the Kilo’s price oracle. They did verify that the caller shall be a trusted forwarder, though, but didn’t verify the forwarded caller,” Shou said.
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The news has sent the KiloEX’s native token, KILO, plunging over 27% to trade at $0.03596, according to CoinGecko. It’s still down over 78% from its all-time high of $0.1648, which it hit on March 27.
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