Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April.
In an April 24 data-ct-non-breakable=”null” href=”https://medium.com/kiloex/kiloex-resoluton-plan-for-users-affected-by-the-security-incident-50a7c5891fed” rel=”nofollow noopener” target=”_blank” text=”null” title=”https://medium.com/kiloex/kiloex-resoluton-plan-for-users-affected-by-the-security-incident-50a7c5891fed”>announcement, KiloEx said traders who had positions open while the platform was suspended would get full compensation if their losses increased or profits decreased. The platform said it would pay the difference.
KiloEx urged traders to close their positions immediately once the platform resumes operations, as delaying could affect their profit and losses, which may…
