KiloEx announced a restart and the platform has resumed normal operation

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On April 24th, according to official sources, the decentralized derivatives trading platform KiloEx announced today that it has completed security audits and system repairs, and the platform has officially resumed operations. Previously, KiloEx suspended services due to a hacker attack, after which the team quickly initiated an emergency response mechanism, collaborated with third-party security agencies to conduct an investigation, and recovered all funds. The official statement emphasized that they will continue to strengthen security measures, further enhance the platform's security protection system, and ensure user asset safety and trading experience.

Additionally, KiloEx has released a solution for affected users, providing full compensation for position loss increments of traders impacted by this incident, and will launch a 30-day staking rewards activity with a 10% additional yield rate after platform restart, along with a "first transaction reward" activity.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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