Crypto Heist Gone (Mostly) Right: Hacker Plays Nice, Gets Paid – Drama Ensues!

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  • So, someone broke KiloEx’s smart contract and snagged $7.5M. Plot twist: they gave it back.
  • Hacker scores a 10% “thanks for not ghosting us” bounty. White hat vibes?

Imagine a decentralized trading platform called KiloEx, minding its own business, when BAM 💥—someone exploits a glitch in its smart contract and walks off with $7.5 million. The crypto crowd collectively freaked out on April 18, 2025, but hold your horses, the plot thickens.

After a soap-opera-worthy team-up involving legal eagles, cybersecurity geeks, and probably some caffeine-fueled negotiators, KiloEx pulls off a full-money comeback. Everyone got paid, no victims crying about their lost digital billions, and KiloEx promises to shut down the drama and spill the tea on X.

Bounty Time: When Hackers Turn Into Good Guys (Kind Of)

So here’s the kicker: the culprit wasn’t just some shady pirate vanishing into the night. Nope, it’s a “white hat” who decided, “Hey, I’ll give your money back… for a small fee.” This noble hacker pocketed 10% of the recovered loot as a reward for turning their criminal act into a community service project. KiloEx calls this a trust-building exercise, which sounds nice, but really it’s like paying the burglar to install better locks.

So it all kicked off on April 14, 2025. PeckShield stepped in, waving their geeky flags, confirming >$8 million was briefly in hacker hands. Enter stage left: SlowMist, MistTrack, Binance, Manta Network, and BNB Chain—a superhero team assembled to track and negotiate a peaceful surrender. After 3.5 days (because villains love a good wine-and-cheese discussion), the money returned, with a shiny 10% bounty as a parting gift.

SlowMist even Tweeted (or whatever serious security firm talks on X) about that “happy ending.” Spoiler: it’s happy for everyone except maybe the hacker’s associates who got ghosted.

Legal Shmegale and Future-Proofing

Drama? Over. KiloEx waved away any more legal punches, signing a ceasefire with the hacker, who’s probably out there updating their résumé with “ethical greyhat skills.” The platform is now busy upgrading security so a remix of this heist doesn’t drop on their next season.

For the truly curious (or crypto masochists), a text-only AMA session on Discord is booked for April 18, 2025, at 13:00 UTC. Because nothing says “thrilling” like reading a timeline in monospace font while pretending you understand blockchain jargon.

Source – Coinmarketcap (because if it’s not on Coinmarketcap, did it really happen?)

Now, if you’re wondering how KiloEx’s native coin, KILO, handled this soap opera, spoiler alert: it nosedived 27% to $0.03596.

Yeah, it was already down 78% from its lofty peak at $0.1648 on March 27, 2025. KiloEx is still a baby in crypto years (born 2023), backed by Binance Labs, chasing partnerships like a puppy chasing squirrels—DWF Labs is one of those squirrels.

Blockchain security? Still a dumpster fire 🔥, with price oracle hacks a recurring nightmare. According to the folks at Chainalysis, North Korean crypto bandits swiped over $1 billion in 2024 alone. So buckle up, the “secure” blockchain train is a work in progress… with occasional robbers on board.

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2025-04-19 11:54