white hat Archives - Coin Engineer https://coinengineer.net/blog/tag/white-hat/ Btc, Coins, Pre-Sale, DeFi, NFT Fri, 18 Apr 2025 14:15:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png white hat Archives - Coin Engineer https://coinengineer.net/blog/tag/white-hat/ 32 32 KiloEx Hacker Returns Entire $7.5M After Bounty Offer https://coinengineer.net/blog/kiloex-hacker-returns-entire-7-5m-after-bounty-offer/ https://coinengineer.net/blog/kiloex-hacker-returns-entire-7-5m-after-bounty-offer/#respond Fri, 18 Apr 2025 17:30:38 +0000 https://coinengineer.net/blog/?p=40457 The attacker behind the $7.5 million KiloEx exploit has returned 100% of the stolen funds, just days after the decentralized exchange offered a $750,000 white hat bounty for the return of 90% of the stolen crypto. All Funds Returned Within 4 Days The exploit, reported on April 15, forced KiloEx to suspend platform operations. On

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]]> The attacker behind the $7.5 million KiloEx exploit has returned 100% of the stolen funds, just days after the decentralized exchange offered a $750,000 white hat bounty for the return of 90% of the stolen crypto.

All Funds Returned Within 4 Days

The exploit, reported on April 15, forced KiloEx to suspend platform operations. On April 18, PeckShieldAlert confirmed that approximately $5.5 million in crypto had been returned. KiloEx later confirmed full recovery of all assets.

White Hat Agreement Honored

KiloEx had offered the exploiter 10% of the stolen funds as a bounty if they returned the remaining 90%. The attacker complied, and as promised, the platform said:

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“All affected funds have been fully restored, and we will honor our agreement with a 10% white hat bounty.”

KiloEx also said it will not pursue legal action, as the issue has been resolved transparently and without victims.

Oracle Vulnerability Suspected

According to PeckShield, the root cause of the exploit may have been a price oracle issue — a manipulated or inaccurate data feed used by smart contracts to determine asset prices.

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