Another Crypto Giant Falls: $7.5M Vanishes in Shocking KiloEx Hack
KiloEx loses $7.5 million in a cyberattack, halting services and sounding alarms across the crypto sector.
The crypto world has been hit again — and this time, it’s KiloEx at the centre of a $7.5 million nightmare.
On April 14, 2025, blockchain analysis firm Cyver was the first to raise the alarm. Their systems flagged a string of suspicious transactions involving the KiloEx_perp protocol across multiple chains. What followed was a full-blown security crisis that led to one of the most significant platform halts in recent months.
