🔥🔥$6.1M Stolen, 90% Recovered — How Binance Helped Turn the Tables🔥🔥
Last week, decentralized exchange KiloEx got hacked.
A clever attacker used a price oracle exploit to drain $8.44M across Base, $BNB Chain, and Taiko — hiding their tracks with Tornado Cash.
But Binance didn’t sit back.
Their security teams moved within minutes — tracing wallets, blocking transfers, and coordinating with bridges and law enforcement.
The pressure worked: 90% of the stolen crypto was recovered after negotiations.
🔆Lessons for every crypto trader:🔆
🔸Price oracles matter — Only trust platforms with strong, audited systems.
🔸Cross-chain = Cross-risk — Extra research = extra protection.
🔸Big exchanges save lives — Binance’s speed made the difference.
🔸Anonymity tools = red flag — Be careful when dealing with unknown wallets.
🔸Law enforcement pressure works — Serious platforms act fast.
🔴Pro tip: Always check for audits, avoid shady low-liquidity platforms, and don’t leave large amounts sitting on exchanges.
In crypto, it’s simple:
Bad actors move fast — we have to move faster.
Stay sharp. Stay safe. The next exploit could be one click away.