In a post-mortem published by KiloEx, the platform confirmed that the attacker exploited a permissionless function. The DEX said the attacker crafted a request that only authorized entities should have been able to do.
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DeFi platform KiloEx to compensate users impacted by $7.5M hack
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The $7.5 million exploit on KiloEx was executed by an attacker who manipulated KiloEx’s price oracle system using a permissionless function to open and close trades at artificial prices for profit.
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