KiloEx DeFi exploit drains $7 million, sparking cross-chain security concerns
The DeFi sector faced another major test this week as KiloEx, a newly launched perpetual trading platform backed by YZi Labs (formerly Binance Labs), suffered a coordinated exploit that drained approximately $7,000,000. The attack, which took place on 14 April, targeted BNB Smart Chain, Base, and Ta
Apr 15, 2025