Kiloex, the decentralized exchange (DEX) achieved by an attack of $ 7 million earlier this month, has revealed its resolution plans for affected users.
Users whose positions remained open during the platform suspension will be compensated by the difference in greater losses or diminished profits, Kiloex said Thursday.
Compensation will only be calculated to the point that the platform resumes, so it is recommended to users to close their positions as soon as possible from then on.
The Kiloex attacker, who uses a wallet financed by the Tornado Cash cryptographic washing service, seemed to exploit vulnerability in the Platform Practice Oracle system.
