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Home»BLOCKCHAIN NEWS»Defi Platform KiloEX provides hackers with a $ 750K bounty.
BLOCKCHAIN NEWS

Defi Platform KiloEX provides hackers with a $ 750K bounty.

By Crypto FlexsApril 15, 20252 Mins Read
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Defi Platform KiloEX provides hackers with a $ 750K bounty.
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Kilo X provided a 10% white hat bounty to hackers who have used $ 7.5 million in encryption on the platform, KiloEX.

On April 15, KiloEX posted a proposal offered to hackers who stole millions of dollars from DEX. KiloEX said it has cooperated with law enforcement, cyber security agencies and exchange to discover information about hackers’ activities.

DEX also shared a wallet address connected to hackers that the Defi platform and other organizations actively monitor. Kiloex said he is ready to freeze the stolen funds. But DEX provided $ 750,000 to hackers in return for returning 90%of the stolen assets.

KiloEX said that if the hacker returns the funds, the case will be treated as a white hat exploitation.