{"id":3689,"date":"2025-04-15T15:27:42","date_gmt":"2025-04-15T14:27:42","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=3689"},"modified":"2025-04-15T15:27:44","modified_gmt":"2025-04-15T14:27:44","slug":"security-breach-kiloex-platform-hacked-7-million-cryptocurrencies-stolen","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/security-breach-kiloex-platform-hacked-7-million-cryptocurrencies-stolen\/","title":{"rendered":"KiloEx Hacked : Over $7 Million in Crypto Stolen in Major Security Breach"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"the-7-million-hack-of-kiloex-platform\"><strong>The $7 Million Hack of KiloEx Platform<\/strong><\/h2>\n\n\n\n<p>During the night, the <strong><a href=\"https:\/\/investx.fr\/en\/crypto-investing\/\">cryptocurrency<\/a> exchange <\/strong>platform <strong>KiloEx <\/strong>fell victim to a major <strong>hack<\/strong>, resulting in a <strong>$7 million<\/strong> breach.<\/p>\n\n\n\n<p>According to KiloEx reports, the platform&#8217;s <strong>safe<\/strong> was compromised by <strong>hackers<\/strong>. The team claims to have promptly acted by suspending platform usage to prevent further damage. While technical details of the attack have not been disclosed, KiloEx is closely collaborating with its crypto ecosystem partners to trace and recover funds if possible.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Anyone can change the Kilo&#39;s price oracle. lol <a href=\"https:\/\/t.co\/X1UNImHbji\">pic.twitter.com\/X1UNImHbji<\/a><\/p>&mdash; Chaofan Shou (svm\/acc) (@shoucccc) <a href=\"https:\/\/twitter.com\/shoucccc\/status\/1911882201211568479?ref_src=twsrc%5Etfw\">April 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Initial analyses suggest that the breach may originate from an access control issue <strong>in the price oracle<\/strong>. According to Fuzzland co-founder Chaofan Shou, anyone can manipulate KiloEx&#8217;s price oracle as their smart contract verifies the caller as a trusted proxy, but does not <strong>verify the forwarded caller<\/strong>. A seemingly exploitable vulnerability.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udea87M HACK ALERT\ud83d\udea8Our system has detected multiple suspicious transactions involving <a href=\"https:\/\/twitter.com\/KiloEx_perp?ref_src=twsrc%5Etfw\">@KiloEx_perp<\/a> across several chains.<br><br>An address funded via <a href=\"https:\/\/twitter.com\/TornadoCash?ref_src=twsrc%5Etfw\">@TornadoCash<\/a> has executed a series of exploitative transactions on the <a href=\"https:\/\/twitter.com\/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BNB<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24Base&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Base<\/a>, and <a href=\"https:\/\/twitter.com\/search?q=%24Taiko&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Taiko<\/a> chains \u2014 accumulating approximately $7M in\u2026 <a href=\"https:\/\/t.co\/od4UTsSrXs\">pic.twitter.com\/od4UTsSrXs<\/a><\/p>&mdash; \ud83d\udea8 Cyvers Alerts \ud83d\udea8 (@CyversAlerts) <a href=\"https:\/\/twitter.com\/CyversAlerts\/status\/1911867270852227131?ref_src=twsrc%5Etfw\">April 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>As per Cyvers Alerts, KiloEx&#8217;s safe was attacked on <strong>multiple chains<\/strong>. The hacker also used a Tornado Cash address to carry out transactions on <a href=\"https:\/\/investx.fr\/en\/crypto-news\/vaneck-seeks-approval-first-ever-bnb-etf\/\">BNB<\/a>, <strong>Base<\/strong>, <strong>and <\/strong>Taiko. In total, <strong>$3.3 million<\/strong> on <strong>Base<\/strong>, <strong>$3.1 million on BNB<\/strong>, and <strong>$1 million on BSC<\/strong> were stolen. Just 10 hours ago, Cyvers Alerts stated the attacker was <strong>still actively targeting<\/strong> the system.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe main cause of the exploitation of KiloEx is the lack of access control in the higher-level contract (MinimalForwarder), which leads to manipulation of the Oracle prices.\u201d explains the SlowMist team.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"impact-on-kilo-token-and-the-platform\"><strong>Impact on KILO Token and the Platform<\/strong><\/h2>\n\n\n\n<p>The price of the platform&#8217;s native token, <strong>KILO<\/strong>, plummeted by <strong>27%<\/strong>. A rapid drop, merely taking the price back to its level three days ago. Given that the attack has been contained, it seems plausible for the platform to resume operations once the vulnerability is resolved.<\/p>\n\n\n\n<p>Launched less than a month ago, the KILO token has already lost <strong>75%<\/strong> compared to its all-time high, which was its initial launch price.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udea8 Security Incident Announcement: KiloEx Vault Exploit<br><br>Dear KiloEx Community,<br>We regret to inform you that the KiloEx Vault has been exploited. The attacker\u2019s wallet address is:<br>0x00fac92881556a90fdb19eae9f23640b95b4bcbd<br>We urge all partner protocols and platforms to\u2026<\/p>&mdash; KiloEx (@KiloEx_perp) <a href=\"https:\/\/twitter.com\/KiloEx_perp\/status\/1911899600849617330?ref_src=twsrc%5Etfw\">April 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Meanwhile, the perpetual platform announced yesterday its intention to release a report on the event in the near future and is still investigating the attack.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">I&#39;ve been farming <a href=\"https:\/\/twitter.com\/KiloEx_perp?ref_src=twsrc%5Etfw\">@KiloEx_perp<\/a> for a year <br><br>Believed and invested in it because I love their concept so much<br><br>Spent about 500k dollars working on it to what? <br><br>My 65k dollars drop was stolen so there was nothing at all? <br><br>It&#39;s just another disappointment&#8230;. <a href=\"https:\/\/t.co\/xtY8H91xNE\">pic.twitter.com\/xtY8H91xNE<\/a><\/p>&mdash; ben.sol \ud83e\udde9 (@elailegion) <a href=\"https:\/\/twitter.com\/elailegion\/status\/1911867334307827823?ref_src=twsrc%5Etfw\">April 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>However, the KiloEx hack raises serious concerns regarding the security of <a href=\"https:\/\/investx.fr\/en\/crypto-news\/top-defi-cryptocurrencies-buy-march-2025\/\">decentralized<\/a> platforms (<strong>DEX<\/strong>). Despite the platform&#8217;s efforts to contain the attack, the loss of over $7 million risks <strong>undermining investor confidence<\/strong>. User Ben.sol testifies, stating a loss of <strong>$65,000<\/strong> due to the platform hack. <em>&#8220;Just another disappointment,&#8221;<\/em> he writes.<\/p>\n\n\n\n<p>This underscores the need for much more thorough audits to prevent such incidents. As the <a href=\"https:\/\/investx.fr\/en\/crypto-news\/top-3-altcoins-buy-market-rebound\/\">crypto industry<\/a> aims to mature, this type of event highlights the crucial importance of <strong>security <\/strong>and <strong>transparency <\/strong>in preserving <strong>user trust<\/strong>. The KiloEx technical teams will need to learn from this attack to strengthen their defenses and regain market trust.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.weex.com\/newbieActivities?id=520&amp;type=BEGINNER_TASK&amp;vipCode=ku3x\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Weex : Complete your KYC and get $10 !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/south-korea-shuts-down-crypto-exchanges-including-kucoin-mexc\/\">South Korea Cracks Down : 14 Crypto Exchanges, Including KuCoin and MEXC Shut Down !<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/trump-family-wlfi-fuel-sei-20-surge-3-days\/\">Trump Family and WLFI Fuel SEI\u2019s 20% Surge in Just 3 Days<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/dogecoin-doge-set-soar-28-heres-whats-fueling-surge\/\">Dogecoin (DOGE) Set to Soar 28% ? Here\u2019s What\u2019s Fueling the Surge<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Hackers have hit the cryptocurrency exchange platform KiloEx hard, stealing over $7 million. This major attack forced the platform to halt operations, raising serious concerns about the security of decentralized exchanges. As technical teams work on tracing the funds, the impact of this incident on the crypto market is starting to be felt. An in-depth look at a vulnerability that could shake investor confidence.<\/p>\n","protected":false},"author":32,"featured_media":3685,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[15,10],"tags":[],"class_list":["post-3689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchanges","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KiloEx Hack : $7M in Crypto Stolen in Major Security Breach<\/title>\n<meta name=\"description\" content=\"Discover the details of KiloEx cryptocurrency exchange hack resulting in $7 million theft. 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Je suis \u00e9galement form\u00e9 au trading et \u00e0 l\u2019analyse technique depuis plus d\u2019un an sur le march\u00e9 des cryptomonnaies, mais \u00e9galement sur le forex et les m\u00e9taux pr\u00e9cieux comme l\u2019or ou le silver. J\u2019ai obtenu un dipl\u00f4me de la Crypto Academy sur les fondamentaux techniques du Bitcoin et poss\u00e8de une exp\u00e9rience de plus de 5 ans dans le journalisme et l\u2019\u00e9criture d\u2019articles p\u00e9dagogiques. J\u2019ai notamment \u00e9crit de nombreuses masterclass pour \u00e9duquer les nouveaux venus dans l'industrie et plus de 10 000 articles et news.J\u2019ai \u00e9galement pu interviewer de nombreux fondateurs et cr\u00e9ateurs de projets dans la crypto comme Marc Lebreton (chef marketing de la blockchain SUI), EJ Ayala (Coinbase US et Draftkings), et d\u2019autres projets comme Polyhedra (Eric Vreeland), Usual (Adli Takkal Bataille), ou encore Humanity Protocol (Jade Gu). J\u2019ai plong\u00e9 dans la cryptomonnaie il y a plus de 3 ans et continue de mettre tout en \u0153uvre pour fournir du contenu de qualit\u00e9, avec de l\u2019expertise et la neutralit\u00e9 attendue d\u2019un journaliste. 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