Kiloex DEX Confirms Recovery of All Hacked Funds, Thanks White Hat Hacker for Timely Support

After the recent security attack, the Kiloex decentralized exchange has just officially announced that all stolen funds have been successfully recovered, marking a positive turning point and reassuring the user community.

In the latest statement, Kiloex representatives confirmed that they are coordinating with legal agencies and security experts to complete the procedure to close the case, and affirmed: "Currently, no users are victims of the attack. We have kept our commitment to a fair, transparent and respectful solution for users."

Recognizing the white hat hacker's contributions

Notably, during the incident handling process, a white hat hacker proactively supported Kiloex in identifying vulnerabilities and recovering assets. In recognition of this ethical contribution, Kiloex announced that it will reward 10% of the recovered funds to the individual or group behind the effort to secure the system.

“This is not only a token of appreciation, but also part of our long-term commitment to the security community and to encouraging active collaboration in the DeFi space,” said a Kiloex representative.

Withdrawal Update and Case Closed

In the coming time, Kiloex will announce specific steps on the X platform (Twitter) to guide users to withdraw the recovered funds. In addition, the company also affirmed that it will not take any further legal action, as the incident was resolved in a reasonable and fair manner.

Lessons from the crisis

This incident is seen by the community as a costly but positive lesson about transparency, quick response, and the value of the white hat community in the decentralized ecosystem. Despite the attack, Kiloex's professional and effective handling has somewhat strengthened users' trust.

This incident shows that DeFi still has many potential risks, but also proves that solidarity and goodwill can sustainably bring the whole system through the storm.