DeFi platform KiloEx offers $750K bounty to hacker

KiloEx, a decentralized exchange, suffered a $7.5 million crypto theft due to a price oracle vulnerability. A hacker exploited this weakness, stealing various tokens including Base, opBNB, and BSC tokens. KiloEx, collaborating with law enforcement and cybersecurity firms, identified the hacker's wallet addresses. The exchange offered a 10% bounty ($750,000) for the return of 90% of the stolen funds, treating it as a "white hat" exploit. This offer includes dropping the matter and publicly acknowledging the resolution. KiloEx warned the hacker that refusal will lead to legal action and exposure to authorities. The platform temporarily suspended its DEX after the attack but claims to have contained the exploit. The hacker has been given a choice: cooperate and receive the bounty or face legal consequences. KiloEx's response demonstrates a proactive approach to resolving the situation.