BTCC
/
BTCC Square
/
Global Cryptocurrency
/
KILO Drops Over 5% Despite KiloEx Resumption Plans: What Users Should Know
KILO Drops Over 5% Despite KiloEx Resumption Plans: What Users Should Know
20
2
KiloEx, a decentralized exchange backed by YZi Labs, has announced plans to compensate users affected by a $7 million hack on April 14, 2025. The platform detailed its resolution strategy in a series of posts on X (Twitter) and Medium, targeting traders, Hybrid Vault stakers, and VIP users.
Traders will see their limit orders canceled, while stop losses and take-profit orders will execute normally. The incident underscores persistent security risks in the crypto industry, even as KiloEx demonstrates resilience with its recovery efforts.
By:
